IRNA � Head of Czech Industries Confederation Yaroslav Hanak said on Monday that the Joint Comprehensive Plan of Action (JCPOA) paved the way for promotion of Tehran-Prague cooperation.


Hanak made the remarks during Iran-Czech Trade Conference session in Prague on Monday, attended by 130 business people.

The official noted that mutual cooperation has the potential for development in various spheres such as energy and transportation.

Head of Tehran Chamber of Commerce, Industries, Mines and Agriculture, Masoud Khansari told the audience for his part that bilateral ties date back to 90 years ago and the two countries have traditional cultural as well as political and economic relations.

Transportation, management of water resources, new energies, and food industries are among the areas of cooperation for both countries, he said, calling for joint investment which will help boost economic relations.

The JCPOA has prepared suitable conditions for foreign investment in Iran, he said.

The Iranian delegation, comprising Iranian businessmen headed by Khansari arrived in Czech Republic on Sunday to attend the Iran-Czech Trade Conference on Monday.

Following implementation of the JCPOA, the number of economic delegations arriving in Iran has increased remarkably, said Khansari, adding that Iran has hosted over 200 foreign delegations after the implementation of the nuclear deal.

The two countries� trade value reached 59.139 million dollars in the past months, up by 25 percent compared to the figure for the corresponding period last year.

Iranian economic delegation will leave Czech Republic for Denmark later on.