Iran's private sector eyes co-op with France in non-sanctioned areas

June 18, 2024 - 13:11

TEHRAN – The Head of the Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Samad Hassanzadeh has called for cooperation with the Paris Chamber of Commerce in non-sanctioned areas.

He made the remarks in a meeting in the French capital with the vice-president of Paris Chamber of Commerce.

Hassanzadeh noted that the ground is prepared for further cooperation between the chambers of commerce of Iran and Paris, particularly in the scientific and academic fields.

He added that the Iran Chamber of Commerce is ready to grant scholarships to interested Iranian students to study at universities and colleges operating under the Paris Chamber of Commerce. 

Noting that some 27 percent of the Iranian national production and economic activities are taking place under the supervision of the Iran Chamber of Commerce, Hassanzadeh said that the Iran Chamber of Commerce looks forward to further cooperation with Paris Chamber of Commerce on non-sanctioned areas.

In the meantime, the French side, elaborated on the activities of Paris Chamber of Commerce, signaling readiness for further engagements with Iran.

In another meeting between the head and deputy head of the ICCIMA with the heads of the Eastern Chambers of France, the strengthening of relations and increasing the level of trade between the two countries was emphasized.

In this meeting, the two sides referred to the long history of business relations between Iran and France and discussed the existing capacities for the development of cooperation and joint investment.

Hassanzad stated that the chambers of the two countries are committed to work to improve the social and economic relations between the private sectors of the two countries at the international level.

“Despite the existing limitations, we should think about improving bilateral relations by drawing a road map,” he said.

“In Iran, there are large capacities in the field of oil, renewable energy, industrial machinery, petrochemical, refinery, food, and greenhouse industries, and on the other hand, Iran has significant potential in new oil and petrochemical megaprojects, which can be implemented with joint investment,” he added.

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