Wednesday, 26 February, 2020

Big French business delegation to visit Iran

French Agriculture Minister Stephane Le Foll and Junior Minister for Foreign Trade and Tourism Promotion Matthias Fekl would visit Iran next week and take with them a big commercial and business delegation, the country’s foreign ministry said on Wednesday.

Accompanied by 100 business leaders, Le Foll and Fekl would pay a two-day visit to Teheran since Sept. 21, the first of such visit in 12 years, the Quai d’Orsay added in a statement, Xinhua reported.

This upcoming visit would mainly focus on trade links and revive business cooperation after a concluded nuclear deal opened Teheran’s doors to westerners.

“(It) follows (Foreign Minister) Laurent Fabius’ visit to Iran on July 29, the first bilateral visit by a French foreign minister for 17 years, making it possible to relaunch our political dialogue,” the ministry added.

According to French foreign ministry figures, France’s sales to Iran shrunk to 494 million euros (558.22 million U.S. dollars) in 2013 from 1.66 billion euros in 2011 while imports were valued 62 million euros two years ago compared to 1.77 billion in 2011. (1 euro = 1.13 U.S. dollars)

Rouhani to visit France in November

Iranian President Hassan Rouhani will visit France in November, becoming the first Iranian president to visit the country since 1999, French Prime Minister Manuel Valls said.

French President Francois Hollande will host Rouhani, Valls told the French parliament, AFP reported.

Valls said Rouhani had accepted an invitation extended by French Foreign Minister Laurent Fabius in July.

Fabius traveled to Tehran following the announcement of the nuclear deal between Iran and a group of world powers.

During his stay in Tehran, Fabius stated that France intends to boost bilateral ties with the Islamic Republic following the July nuclear deal.

“With the new deal – the lifting of sanctions – France intends, if Iran is willing, to be more present in several areas… political, economic, cultural,” he said.

France was one of the six countries — the UK, US, France, China, Russia and Germany — that signed the nuclear deal with Iran earlier this year.

In the latest economic agreements, an Iranian tourism development company on Tuesday signed a deal with a French hotel chain, the first deal of its kind since the nuclear agreement was signed.


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