Vienna to host Iran-EU investment conference

Iran and the European Union will hold an international conference in Vienna on July 23-24 to discuss post-sanction opportunities for cooperation. 

The “Iran-EU conference on trade and investment” will bring together officials from Iran, Austria, France, the UK, Germany and other countries as well as their traders and entrepreneurs.

“This forum provides businesses, investors and entrepreneurs with a unique chance to gain insights, analyze and explore opportunities, as well as network with high level authorities, policymakers and other stakeholders,” the official website of the conference said.

Minister of Industry, Trade and Mine Mohammad Reza Nematzadeh will lead the Iranian delegation, including representatives of economic, financial, banking and foreign investment sectors as well as executives from oil, gas, petrochemicals, mining, automotive and other industries.

It comes after the conclusion of nuclear talks between Iran and the P5+1 group of countries on Tuesday, which “promises a new horizon of cooperation” between the Islamic Republic and the world countries, the website said.

The conference is being held in cooperation with the Austrian Federal Economic Chamber and Iran’s Trade Promotion Organization and joint chambers of commerce of Iran, France, Germany and Britain.

Iranian President Hassan Rouhani discussed the significance of the conference with his Austrian counterpart Heinz Fischer on the phone and thanked Vienna for hosting nuclear negotiations, the Mehr news agency said on Thursday.

According to the website of the conference, the event could have a “tremendous impact” on global and regional cooperation since Iran’s economic growth through investment and business “will eventually contribute to the stability of this volatile region and help bring about peace, security and prosperity”.

By Press TV