Economy, Domestic Economy

JVs Proposed to Italians

JVs Proposed to ItaliansJVs Proposed to Italians

Head of Iran-Italy joint chamber of commerce Ahmad Pourfalah called on Italian companies to invest in Iran’s industrial projects in a bid to expand bilateral commercial ties.

“Iran offers a multitude of opportunities to the Italians. They can launch waste-to-energy plants, recycling factories and initiate other joint projects with Iranians,” he was quoted by Mehr news agency as saying, urging the Iranians to make use of Italy’s experience in tourism and small, medium and large scale industries.

Hailing Italy’s “logical stance” amid the long running dispute between Iran and the West over the country’s nuclear energy program, the Iranian official said: “Fortunately, Italy didn’t accompany the West on its sanctions, and decided to maintain its business ties with Iran.”

Referring to the ongoing “Expo Milano 2015” exhibition, Pourfalah said the event provides a good opportunity for the Iranian manufacturers and industrialists to showcase their achievements.

The exhibition opened May 1 and is scheduled to run for six months until October 31. It is a global platform for the exchange of ideas and shared solutions among more than 140 participating countries on the central theme of ‘Feeding the Planet, Energy for Life’. Milan expects to welcome over 20 million visitors to the 1.1 million square meters of exhibition area. Iran has been given a 1950-square-meter venue in the expo.