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Iran, Croatia ink documents to boost economic ties

Business Materials 18 May 2016 13:08 (UTC +04:00)
Iranian and Croatian officials signed two memorandums of understanding (MOUs) on the sidelines of a meeting between Iran's President Hassan Rouhani and Croatia's President Kolinda Grabar-Kitarovic May 18
Iran, Croatia ink documents to boost economic ties

Baku, Azerbaijan, May 18

By Fatih Karimov - Trend:

Iranian and Croatian officials signed two memorandums of understanding (MOUs) on the sidelines of a meeting between Iran's President Hassan Rouhani and Croatia's President Kolinda Grabar-Kitarovic May 18, Iran's state-run IRINN TV reported.

The signed documents envisage boosting cooperation in economic fields, including enhancing ties between Croatia and Iranian chambers of commerce.

Croatia's President arrived in Tehran early May 18 to discuss expansion of bilateral ties with Iranian officials.

Meanwhile, representatives from 72 Croatian companies alongside with several ministers arrived in Tehran on May 16.

The Croatian delegation is also slated to hold several meetings with the members of Iranian private sector to discuss bilateral cooperation.

Earlier commenting on the visit, Total Croatia News said that for Iran, which has large gas reserves and could take over an important gas producer, Croatia is located at an extremely important geopolitical location and could become a distributor of Iranian gas to many European countries.

Iranians are interested in investing in an LNG terminal, shipbuilding, petrochemical industry and tourism, while Croatian companies want to invest in infrastructure and energy, the report added.

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