Iran, Austria Private Sectors Ink Deals Worth $2b
Economy, Domestic Economy

Iran, Austria Private Sectors Ink Deals Worth $2b

Iranian and Austrian representatives of their respective countries’ private sectors signed deals worth over $2 billion in Vienna on Thursday. The memoranda of understanding, encompassing the fields of auto, steel, medicine and engineering services, were signed by the head of Iran’s Chamber of Commerce, Industries, Mines and Agriculture, Mohsen Jalalpour, and the head of Austrian Federal Economic Chamber, Christoph Leitl. “We are eager to expand bilateral ties with Austria and in order to facilitate cooperation, an export credit insurance contract will be signed between Iranian and Austrian banks,” IRNA quoted Jalalpour as saying.

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