Iran’s business delegation agrees on $1.2B-deals with Polish, Finnish companies

Business Materials 1 June 2016 12:34 (UTC +04:00)

Baku, Azerbaijan, June 1

By Khalid Kazimov - Trend:

An Iranian business delegation has signed documents on cooperation with Polish and Finnish companies worth up to $1.2 billion during its recent tour to Europe.

Head of Iran's Chamber of Commerce, Industry, Mine and Agriculture Mohsen Jalalpour has said that the members of the Iranian business delegation have signed 30 documents with Polish companies and 20 with Finnish companies, IRNA news agency reported.

He added that $700 million worth of documents on cooperation in the fields of power plants, fishery and other sectors were sealed in Poland.

Documents for cooperation in the power plants amount to $240 million. Meanwhile, Iranian and Polish businessmen agreed on $200 million documents in fishery.

The business delegation also agreed on $500 million deals with Finnish companies in such sectors as industry, machinery and ICT.

According to the official, some documents have been signed in the form of memorandum of understanding (MoU) and others have been inked in the form of contract.

Members of the Iranian business delegation attended dozens of business to business (b2b) meetings with Finnish companies in Helsinki and Warsaw to discuss ways for the expansion of trade ties.

The meetings took place during Iranian Foreign Minister Mohammad Javad Zarif's

ongoing European tour aimed at promoting trade and economic opportunities.

The sides discussed cooperation in the various fields of industry, mining, energy, tourism, banking and investment, agriculture and food, ICT, as well as health.

Zarif who currently is in Sweden has already visited Poland and Finland as part of his tour to the Europe which kicked off May 29. Latvia will be the final destinations of Iranian foreign minister during his tour.