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Official: Swedish companies interested to invest in Iran

Business Materials 11 February 2017 20:10 (UTC +04:00)
Executive Director for Investment in Sweden's Commerce Ministry Ms. Elva Berri said on Saturday that Swedish companies are so interested to invest in Iran by sharing know-how
Official: Swedish companies interested to invest in Iran

Executive Director for Investment in Sweden's Commerce Ministry Ms. Elva Berri said on Saturday that Swedish companies are so interested to invest in Iran by sharing know-how, IRNA reported.

She made the remarks in a joint meeting of Swedish industrialists and companies' directors with their Iranian counterparts in Industrial Development and Renovation Organization of Iran (IDRO) here on Saturday.

On the sidelines of the meeting, she told reporters that presence of directors from big Swedish companies like Volvo, Scania, Ericson and Danske Bank indicated interests of those companies to develop activities with the Iranian side.

Given the importance of banking relations development between the two countries, Ms. Berri said that banking officials are trying during this visit to facilitate banking cooperation between Iran and Sweden.

Berri said that Swedish companies give a lot of importance for cooperation with Iranian companies and by establishment of Iran-Sweden Trade Bureau are preparing grounds to transfer know-how to Iran.

The Swedish Commerce Ministry official said that Swedish companies have plenty of cooperation grounds for new energies sector, and added that companies from both states may begin their cooperation with Swedish companies financing the projects.

She also expressed the hope that during stay of the Sweden's prime minister in Iran the two sides would witness signing agreements in the field of new energies.

Prime Minister Stefan Lofven at the head of a senior economic delegation arrived in Tehran on Friday evening with the aim to develop bilateral relations.

In the delegation, directors of Swedish well-known companies like Scania, Ericsson, Elekta, Volvo, ABB, Sensys Gatso Group, Danske Bank, financial agency of EKN, Swedish Energy Agency, the Swedish Environmental Protection Agency, the Swedish Post and Telecom Authority and IF Metal are accompanying the prime minister in his visit.

Following meeting of the president Hassan Rouhani with Swedish Prime Minister Stefan Lofven on Saturday morning, five cooperation Memoranda of Understanding (MoU) were signed by officials of the two countries.

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