Iran hails laws facilitating trade with world: VP

TEHRAN (Tasnim) – Iran’s Vice-President for Legal Affairs Elham Aminzadeh said Tehran appreciates laws that help enhance commercial interaction with world countries.

Speaking Tuesday in a meeting with José Angelo Estrella Faria, secretary-general of the International Institute for the Unification of Private Law (UNIDROIT), Aminzadeh said the Islamic Republic, which is reviewing and complementing its trade law, would welcome any laws and propositions that could help in facilitating Iran’s trade ties with world countries.

She added that Tehran seeks to develop relations with UNIDROIT, which works to harmonize countries’ commercial regulations with one another.

José Angelo Estrella Faria, for his part, hailed Iran’s interest to cooperate with his institute.

Founded in 1926, UNIDROIT is an independent intergovernmental organization with its seat in Rome.

The institute’s purpose is to study needs and methods for modernizing, harmonizing and coordinating private and in particular commercial law as between states and groups of states and to formulate uniform law instruments, principles and rules to achieve those objectives.

By Tasnim News Agency


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