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Iran hopes to conclude its economic ‘plan’ with Spain within six months

June 21, 2016
in Frontpage, The world in Spain

The agreement will include the period 2017-2021./ Photo: ISNA

 

The Diplomat. 21/06/2016

 

The Government of Teheran hopes to conclude the roadmap for the economic cooperation between Iran and Spain during the period 2017-2021 within the next six months.

 

“Our biggest objective is one in the long term: the roadmap for the economic cooperation between Iran and Spain for at least a period of five years, between 2017 and 2021”, declared the Iranian director for European and American Affairs before the World Trade Organization (WTO).

 

With these cooperation agreements, Iran aspires to attract foreign investments to improve its growth prospects and to create more employment, continued Abolfazl Koudei, in statements made to the student news agency ISNA.

 

Spanish companies are interested in investing in insurances, petrochemistry and tourism, according to García-Legaz

 

The plan, according to Koudei, should include the creation of work groups dealing with investment, tourism, agriculture, energy and other matters of interest for exports, which will take care of setting projects in motion and would help to use the potential and the capacities of both countries.

 

In May, the secretary of State for Trade, Jaime Garcia-Legaz, announced, during a meeting with the director of the Organization for Investment, Economic and Technical Assistance of Iran, Mohammad Khazaie, that several Spanish companies would be willing to invest in sectors such as those of insurances, petrochemistry and tourism, according to information provided by the state news agency IRNA.

 

García-Legaz made these statements during an official visit to Iran in which he signed a Memorandum of Understanding with the Minister of Industry, Mines and Trade, Mohammad Rezá Nematzadé, which will allow creating a Spanish-Iranian Joint Committee to strengthen the economic relations.

 

 

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