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Update: Sweden ready to invest in Iran

Xinhua, February 12, 2017 Adjust font size:

Sweden opened a trade center in Iran on Sunday seeking to promote business ties with the country, semi-official Fars news agency reported.

"Sweden is ready for investment in Iran," Head of Sweden Trade Council Ilva Berry said at the opening of Sweden Trade Council Representative Office in Tehran.

The center would provide an opportunity for the two countries' business community and investors to develop further understanding about infrastructure projects, Berry was quoted as saying.

"Cooperation with Iran is not meant solely for job generation; rather it has been planned for getting access to the neighboring states' markets," Berry said in a meeting with Head of Iran Chamber of Commerce, Industries, Mines and Agriculture Gholamhossein Shafeyee in Tehran.

On Saturday, Sweden Prime Minister Stefan Lofven arrived in Tehran with a large economic delegation.

The visit of representatives of 70 Sweden economic enterprises to Tehran is the biggest exchange of delegation and indicative of her country's resolve to promote ties with Iran, Berry said.

For his part, Shafeyee said that promoting banking cooperation between Iran and Sweden is the prelude for bolstering economic and commercial ties.

On Sunday, Sweden's Minister of EU Affairs and Trade, Ann Linde, announced her country's readiness to provide its experiences to Iran in utilizing renewable energies, Fars reported.

"Sweden is making efforts to meet 100 percent of its energy needs through renewable and clean energies by 2040 and it has gained good experiences in this field which can be provided to Iran," Linde said in a meeting with Iranian Energy Minister Hamid Chitchian in Tehran.

She also underlined Stockholm's determination to further expand ties with Tehran.

Chitchian, for his part, stressed Tehran's preparedness for the enhancement of relations with Sweden, and said one of the main reasons for the Swedish companies to succeed in the Iranian market was their long-term view of ties between the two countries.

Tehran and Stockholm signed five agreements here on Saturday to broaden their mutual cooperation in different areas.

According to the report, the cooperation pacts cover the areas of technology, research, roads, communications and women affairs. Endit