Luxembourg Economic Delegation Arrives
Economy, Business And Markets

Luxembourg Economic Delegation Arrives

Luxembourg’s Economy Minister Etienne Schneider started his three-day visit to Iran on Monday.
He is accompanied by a Chamber of Commerce business delegation comprising 40 representatives from Luxembourg companies, the Luxembourgish daily newspaper Luxemburger Wort reported.
The delegation’s agenda includes meetings with Iranian business leaders active in the field of information and communications technology. In addition, Schneider will meet with, among others, Iran’s Minister of Economic Affairs and Finance Ali Tayyebnia.
At the beginning of the year, economic sanctions against Iran were lifted. Since then, many European companies are trying to gain new ground in the country.
According to Islamic Republic of Iran Customs Administration, Iran- Luxembourg trade stood at $26.5 million in the last Iranian year (March 2015-16), posting a 56% drop over the year before. Iranian imports accounted for almost all of the figure.
The IRICA’s latest data show Iran imported more than 930 tons of goods worth $13 million from the western European country, indicating a 17% rise over the similar period of a year before. Exports to Luxembourg were negligible during the six-month period.

Short URL : https://goo.gl/z1F6Wu
  1. https://goo.gl/TJsJ7Z
  • https://goo.gl/xuEa4b
  • https://goo.gl/hLNRp7
  • https://goo.gl/wkBpYw
  • https://goo.gl/7ccbFK

You can also read ...

Foreign Auto JVs  Under Gov’t Scrutiny
The Iranian Ministry of Industry has instructed local...
ATR: Iran Plane Order Remains Intact Despite US Policy - Photo Sadra Mosala
The CEO of Franco-Italian planemaker ATR says its contract...
Gold Coin Continues to Sparkle
Gold coin prices continued their weeklong surge to reach their...
Iran, Singapore Resolving Banking Ties
Iran and Singapore called for resolving banking issues to...
Iran, Norway to Expand Financial Ties
Iran and Norway explored ways of expanding financial ties...
Iran’s Mining Sector  Potential Remains Locked
The Iranian mining sector was surrounded by much fanfare...
$250 Million in Gov’t Grants, Loans to Earthquake Victims
The government will allocate 6,590 billion rials ($164 million...
Banks Lend $76b to 5 Million Applicants
The Iranian banking system paid out loans worth 3.13...

Add new comment

Read our comment policy before posting your viewpoints

Enter the characters shown in the image.