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Polish delegation of 60 traders in Iran

Poland’s Economy Minister Janusz Piechocinski holds talks with Iranian Minister of Petroleum Bijan Zangeneh in Tehran. ©Shana

A high-level Polish delegation including pharmaceutical, chemical and railway executives is in Tehran to discuss trade opportunities.

Poland’s Economy Minister Janusz Piechocinski is leading the group of some 60 businesses, including railway manufacturers Newag and Pesa.

Piechocinski said Poland is interested in exporting foodstuffs as well as home appliances and furniture to Iran.

"Our countries could also cooperate in oil and gas exploration, mining and energy efficiency sectors," Reuters quoted him as saying.

There is already a surge of interest among Western businesses and investors even though the most stifling sanctions on Iran’s banking and oil sectors remain in place.

Germany, France, the UK, Austria, Italy and Spain have already sent their ministers to Iran. Austrian President Heinz Fischer became the first head of state to visit the country in more than 10 years.

On Thursday, Britain’s second most powerful man, George Osborne, said he wanted to take the country’s biggest-ever trade delegation to Iran once the sanctions are lifted.

Last week, officials of about 200 French firms visited Iran, led by Agriculture Minister Stephane Le Foll and Trade Minister Matthias Fekl. Representatives of energy companies Total and Technip and plane manufacturer Airbus were in the delegation.

Iranian Minister of Petroleum Bijan Zangeneh (L) gives a token to Poland’s Economy Minister Janusz Piechocinski (R) in Tehran. ©Shana 

The second Europe-Iran Forum was held in Geneva on Thursday and Friday to discuss reviving trade links which have hit a bottom low. As many as 500 representatives of companies from Iran and Europe met for the first investment conference since the conclusion of nuclear talks in July.

Western media are singling out Iran’s “candy store” of assets in reference to the country’s energy resources as one of the biggest prizes on offer for grabs.

In Iran, some observers are worried, warning that the planned onslaught by foreign companies could unleash a capital flight and exacerbate Iran’s unemployment problem.

According to the news website, Afkar Khabar, Iran faces “a foray by the countries which are on the brink of bankruptcy and seek to take advantage of Iran’s vast and unfortunately thirsty market in order to put off their so-called Greekization”.

 


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