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Iran, EU poised to expand ties in energy, climate change

Xinhua, April 29, 2017 Adjust font size:

The first Iran-EU Business Forum on sustainable energy opened Saturday to enhance Iran-EU ties, particularly in the energy and climate sectors, Tasnim news agency reported.

Visiting European Climate Action and Energy Commissioner Miguel Arias Canete opened the forum, which has brought together more than 50 European companies and business associations and some 40 Iranian energy companies.

The forum aims to provide a platform for investors and businesses to look into investment opportunities for clean energy, energy efficiency and energy conservation actions in Iran.

During his two-day visit, Canete will also open a conference on climate change, which will bring together Iranian and European policy-makers as well as representatives from International organizations.

The conference will review progress within the Paris Agreement and discuss the role of clean energy in the transition to a low-carbon economy and urgent actions needed to adapt to the consequences of climate change.

Canete is also scheduled to hold talks with Head of the Atomic Energy Organization of Iran (AEOI), Iran's vice president, oil minister and energy minister.

Moreover, the fourth Iran-Europe Banking and Business Forum kicked off here on Saturday, official IRNA news agency reported.

Different issues including opening Iranian banks in Europe, fighting money laundering and maintaining international standards are among topics to be discussed during the event, president of Iran's Monetary and Banking Research Institute Ali Divandarri said in the event. Endit