Economy, Business And Markets

Ties With Danes Plausible

Ties With Danes PlausibleTies With Danes Plausible

The head of Iran’s Chamber of Commerce, Industries and Mines has said the rise in the number of foreign business groups visiting the country is indicative of great investment prospects.

Gholam-Hossein Shafei made the comments after a meeting with the head of the Association of Danish Industries, reported Mehr news agency.

Shafei stated that following the 2013 election of President Hassan Rouhani, a new era began for the national economy. “We have overcome problems like inflation and are moving towards the development of trade, including foreign investment.”

“Our private sector has also flourished and can now play an important role in the economy,” he added.

Shafei said that the government considered trade as a starting point and has commenced new “constructive ties with countries from the four corners of the world,” especially in Europe.

Shafei said that other countries have shown interest in Iran’s market and the country has witnessed a rise international business delegations coming here to explore new avenues of cooperation and investment.

He went on to say that considering the lucrative markets of the neighboring CIS and Central Asia, Iran has a huge customer base and continues to expand its future markets.

Shafei also pointed to the position of Denmark in Iran’s market and said, “Denmark has been present in Iran’s dairy market for more than 50 years and over 80 farms in the country have been cooperating with Denmark.”

There has also been cooperation in pharmaceutical, cement, urea, and ammonia industries as well.”

Head of the Association of Danish Industries, Karsen Dybvad, for his part, said the association “is a private organization with about 10,000 members from industrial, transportation and service sectors, all active in the international arena.”

With regard to the western sanctions that have been imposed on Iran in the past few years over its nuclear program, Dybvad expressed hope that the talks would bear fruit by the end of the extended deadline in summer of 2015.