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Slovenia’s president due in Tehran for economic talks

Business Materials 20 November 2016 14:00 (UTC +04:00)

Baku, Azerbaijan, Nov. 20
By Khalid Kazimov– Trend:

Slovenian President Borut Pahor is expected to pay an official visit to Iran, Tehran on Nov. 22.

Iran Chamber of Commerce, Industries, Mines and Agriculture has announced that the president will head a large trade delegation during the visit, IRNA news agency reported.

Traders from both countries will attend a session in Tehran to discuss ways for expansion of cooperation.

Over the past year, Iranian and Slovenian officials have made efforts aimed at expansion of trade ties. The sides have already signed a memorandum of understanding in this regards.

The volume of trade turnover between the two countries stood at 96 million euros in 2011 which dropped to 46 million euros in 2012 and 25.5 million euros in 2013.

According to the official announcements, industrial exports account for 75 percent of the European countries’ GDP.

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