Economy, Domestic Economy
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Czech FM to Revive Bilateral Ties

Czech FM to Revive Bilateral TiesCzech FM to Revive Bilateral Ties

The Czech Foreign Minister Lubomir Zaoralek will visit Iran on September 4-7 “to revive bilateral relations in the political and economic spheres, after years of stagnation,” the central European country’s government office announced in its website.

Zaoralek, who will be accompanied by a business delegation, is scheduled to meet with top Iranian officials including his counterpart Mohammad Javad Zarif, President Hassan Rouhani, Minister of Industries, Mining and Trade Mohammad-Reza Nematzadeh, Minister of Finance and Economic Affairs Ali Tayebnia and Parliament Speaker Ali Larijani.

Representatives of Czech firms in metallurgy, energy industry, pharmacy, logistics, transport infrastructure and banking are expected to be part of the delegation, Prague Daily Monitor reported, adding that a foreign office of the Czech Trade agency is to open in Tehran in the future.

Czech exports to Iran amounted to about $23.5 million last year, while imports from Iran were $6.8 million. Ten years ago the export volume was four times bigger. In the past few years, Czech firms exported mainly glassware, kitchenware and medicines to Iran and imported Iranian grapes, fruit, nuts and carpets.

Financialtribune.com