Iran-UK Business Conference to be Held in London

Aiming to confer with large foreign banks, an Iranian delegation headed by the Minister of Industry, Mines & Trade is going to take part in an Iran-UK business conference entitled ” A New Outlook on Trade & Investment between Iran and Britain”, which will be held in London next week.

The event would be an opportunity for Iranian private sector economic parties and businesspeople to share their ideas for joint investment and further collaboration.

Invited to the event, Feryal Mostofi, a representative of Tehran Chamber of Commerce, is going to make a speech about the business atmosphere in post-sanctions Iran.

In an interview with Tehran Chamber’s public relations office, Mostofi talked about the eagerness of British firms to enter Iran’s different economic domains. In a recent meeting held by the Financial Times, British economic & financial firms have expressed their readiness to do business with Iranian partners, she pointed out.

According to Mostofi, the lack of banking relations is a great problem in establishing economic ties between Iran and EU countries.

The major European banks not have yet launched their brokerage divisions with Iran, therefore the Iranian private sector is trying to participate in international events, and to engage with private sectors in other countries to resolve this problem.