Tehran, Rome pen deals on major economic exchange
The agreements were inked on Wednesday in the presence of Minister of Industry, Mine and Trade Mohammad-Reza Nematzadeh and visiting Italian Prime Minister Matteo Renzi in Tehran.
According to the official IRNA news agency, Iranian firms reached deals with Italian companies in different areas of trade, including energy, construction, power generation, information and communication technologies as well as steel and textile among others.
Delegates from both sides attended the event at Iran’s Chamber of Commerce, Industries, Mines and Agriculture in Tehran, where Italy’s FATA SPA, the engineering unit of the country’s leading industrial group, Finmeccanica, signed a $237 million contract with Iran’s Foulad Boutia on the transfer of equipment and services for the construction of a power plant in Iran’s southern province of Kerman, IRNA said.
The Iranian company also sealed a deal worth 350 million euros with Italy’s Danieli Group on the transfer of industrial equipment and services for the construction of a steel company in Iran.
Meanwhile, Iran’s telecommunication company struck an accord with Italy’s ITALTEL for the development of ‘telecommunication network’ in the country.
