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Slovakia ready for nuclear, new energy, waste management ties with Iran

Politics Materials 8 March 2016 01:51 (UTC +04:00)
Minister of Economy of the Slovak Republic Vazil Hudak said that Bratislava is ready to cooperate with Tehran in nuclear, new and renewable energy, and waste management,
Slovakia ready for nuclear, new energy, waste management ties with Iran

Minister of Economy of the Slovak Republic Vazil Hudak said that Bratislava is ready to cooperate with Tehran in nuclear, new and renewable energy, and waste management, IRNA reported.

Speaking in the Tehran Chamber of Commerce, Industries, Mines and Agriculture here on Monday, he said that Slovakia can assist Iran to increase nuclear energy higher utility.

He also voiced his country's readiness to have cooperation with Iran in manufacturing of cars.

Hudak welcomed removal of sanctions against Iran and added that considerable opportunities for bilateral cooperation have emerged.

Chairman of the Tehran Chamber Masoud Khuwansari said that Iran needs 50 billion dollars of investment during the Sixth Development Plan (2016-2021) and invited Slovak companies to take action in this regard.

'Joint venture and long-term investment are preferred by the government and public sector,' he said and suggested banking ties between the two countries.

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