Geneva Conference to Take Stock of Post-Sanctions Economy

A conference on Iran’s post-sanctions economy is scheduled be held at the Geneva Chamber of Commerce, Industry and Services on September 28, concurrent with an Iranian economic delegation’s visit to Switzerland, Tehran Chamber of Commerce, Industries, Mines and Agriculture announced on Tuesday.  

The conference titled “Iran, 20 Months after the Lifting of International Sanctions: Overview and Challenges”, will review Iran’s international economic relations since the lifting of nuclear sanctions in January 2016 and explore ways of overcoming the remaining challenges.

According to TCCIM’s International Affairs Desk, the conference will see international lawyers discuss a wide range of issues, including the regulations set by the US Office of Foreign Assets Control and practical solutions for Iran to steer clear of the US sanctions.

The Iranian and Swiss officials will also exchange views on Iran’s market prospects, investment opportunities and the current status of financial systems’ reforms.

The conference will facilitate direct interactions and negotiations between Iranian and Swiss delegates in three specialized panels, namely “trade and freight transport”, “health services and medical technologies” and “financial risks, insurance and reinsurance”.

Last month, TCCIM announced a visit scheduled to Switzerland from September 27 to 30, led by chairman of the chamber, Masoud Khansari, at the head of a delegation of Iranian economic players.

The Iranian delegation will comprise Iranian businesspeople active in the fields of textile, industrial machinery and equipment, oil and gas, power plants and renewable energies, electricity and electronics, food production, pharmaceuticals, medical equipment, finance and banking.

The conference follows the line of another similar event titled “Iran After the Sanctions: Issues and Opportunities,” also held at the Geneva Chamber of Commerce in March 2016, soon after the sanctions were lifted as part of the nuclear accord signed between Iran and world powers in July 2015.