Iran General NewsIran is France's primary trade partner in Mideast, French...

Iran is France’s primary trade partner in Mideast, French minister

-

IRNA: French Foreign Trade Minister Francois Loos said in Paris on Thursday that Iran ranks first among France Trade partners in the Middle East. Speaking at a seminar on “Foreign Investment Prospect in Iran”, he said that the reforms made on foreign investment policy in Iran and the country’s suitable investment atmosphere have paved the ground for expansion of bilateral trade relations. IRNA

Paris – French Foreign Trade Minister Francois Loos said in Paris on Thursday that Iran ranks first among France Trade partners in the Middle East.

Speaking at a seminar on “Foreign Investment Prospect in Iran”, he said that the reforms made on foreign investment policy in Iran and the country’s suitable investment atmosphere have paved the ground for expansion of bilateral trade relations.

On Iran’s peaceful nuclear program and nuclear case pending at the International Atomic Energy Agency (IAEA), he added “France’s policy has always been to prevent proliferation of nuclear weapons expansion of industrial and scientific expansion with Tehran.”

The initiative by the three European foreign minister of France, Germany and Britain in their visit to Tehran was a victory of sorts for the two sides and can be the best of guarantees for France.

He further thanked the Iranian economy minister in providing the grounds for participation of the French companies in Quake-devastated city of Bam. “We hope that the hospital gifted by France to the city will open by the end the 2004.”

The first seminar of Foreign Investments prospect in Iran was inaugurated Wednesday with the participation of Iranian private sector, Non-Governmental Organizations (NGOs) and the French Employers Syndicates.

The seminar was attended by Loos, Iranian Minister of Economy and Finance Safdar Hosseini featuring more than 100 French industrial and financial cooperation.

The two countries experts have formed four committees to discuss joint programs and activities in industrial, telecommunication, finance and agriculture.

Meanwhile, Iran Commerce Minister Mohammad Shariatmadari, heading a trade delegation, met here last year with French Minister of Economy, Finance and Industry Francis Mer.

Mer welcomed Iranian delegation saying that the developments in Iran bode well for expansion of ties between Tehran and Paris.

Paris sees no obstacle in strengthening bilateral trade ties he said adding “The visit to Paris by the Iranian commerce minister is the right step in bolstering relations.”

Shairatmadari briefed the French economy minister on policies in lessening the role of government in the Iranian economy, ceding the state-owned enterprises to the private sector and other structural adjustments in the economy in the past several years.

Implementing investment and tax reforms, unification of foreign currency rates, modifying imported exports laws, amending tariff regime and provision for establishing private banking system are among other economic policies, he stated.

Currently there are suitable opportunities for Tehran-Paris cooperation in telecommunications, aeronautics, and oil and gas sectors, he said.

Latest news

IRGC Announces Closure of Strait of Hormuz After Firing on a Ship

While the United States had demanded that the Iranian regime confirm that the Strait of Hormuz would remain open,...

Third Round of U.S. Strikes Against Iran’s Regime After IRGC Closes Strait Of Hormuz

The United States Central Command (CENTCOM) announced that U.S. forces have launched the third round of strikes against the...

Protest Gatherings by Retired Retirees and Steel Workers in Iran

On Saturday, July 11, a group of buyers holding purchase vouchers for vehicles from the Iranian automaker Saipa gathered...

U.S. Treasury Targets Khamenei-Linked Financial Network

The U.S. Department of the Treasury sanctioned Ali Ansari, an individual linked to a network of exchange houses and...

Sharp Increase in Bread Prices in Iran

For years in Iran, it was commonly said that even if people could no longer afford meat, chicken, dairy...

U.S. Officials Call for Iran’s Regime to Publicly Declare an End to Attacks on Ships in Strait of Hormuz

Reuters reported that senior U.S. officials said on Friday, July 10, that Washington has asked Iran's regime to formally...

Must read

Iran’s President to meet ultra-conservative mentor

Iran Focus: Tehran, Iran, Sep. 25 – Iran’s hard-line...

European official reports progress in talks with Iran

International Herald Tribune: Javier Solana, the European Union’s foreign...

You might also likeRELATED
Recommended to you