Economy, Domestic Economy

Finland Ready to Reestablish Trade Ties

Finland Ready to Reestablish Trade TiesFinland Ready to Reestablish Trade Ties

Iran and Finland discussed avenues of cooperation and investment opportunities in the new economic climate following the lifting of sanctions against Iran over its nuclear energy program.

The discussions took place in a meeting between Majid Takht-Ravanchi, Iran’s deputy foreign minister for European and American affairs, and Matti Anttonen, director general of the Department for External Economic Relations of Finland’s Ministry of Foreign Affairs who is heading a trade delegation, in Tehran on Tuesday.

“Finland is ready to reestablish trade ties and expand economic cooperation with Iran through transfer of modern technologies and technical expertise in different fields and investing in the Iranian market,” Anttonen was quoted as saying by IRNA.

He noted that agriculture, communications, mining and environment sectors are among Finland’s areas of interest for cooperation.

According to the Finnish official, Finland’s Minister of Foreign Trade and Development Lenita Toivakka is scheduled to visit Tehran in December, along with a 100-strong trade delegation–the country’s largest trade delegation ever sent abroad.

He added that talks are underway to hold a conference on Iran’s investment opportunities attended by Iranian officials and Finnish firms’ representatives in Helsinki in the near future.

Later in the day, Anttonen met with Mohammad Khazaei, the head of Organization for Investment, Economic and Technical Assistance of Iran, during which the Iranian official invited Finnish investors to tap into Iranian market.