Iran-Austria economic cooperation will be facilitated
According to an IRNA report from the Ministry of Cooperatives, Labor and Social Welfare on Tuesday, “Hamed Forouzan” stated at the Iran-Austria Economic Cooperation Summit, referring to the long history of trade relations between the two countries: Trade between Iran and Austria.
Emphasizing the capacities of the Social Security Investment Company, he said: “We officially invite the Austrian Ambassador to visit the holdings of Shasta’s subsidiaries in person and in the field.”
The Director General of International Affairs of the Ministry of Cooperation noted: The draft memorandum of cooperation in the field of activities related to this ministry and Austria is ready, which we hope will be signed and implemented.
€ 10 billion investment in Shasta
The CEO of Social Security Investment Company (Shasta) in this meeting, referring to Shasta’s capacities, considered it the largest economic complex in the country and said: in Shasta, more than 400 thousand billion Tomans of investment has been planned, which is currently more than 40 thousand billion Tomans. We have a project underway.
“Ali Rostami” considered development projects as one of the most important issues and referring to the development projects of two large petrochemical and pharmaceutical holdings, he noted: “Nearly 10 billion euros of investment has been planned and we are trying to cooperate with companies in the implementation of these projects.” Provide the Austrian economy as well.
He also mentioned Shasta Cement Holding, with a 30% share of the country’s cement market and shipping of the Islamic Republic of Iran, which has the largest cargo capacity in the Middle East, as another Shasta capacity to cooperate with Austrian companies.
Development of Austrian-Iranian cooperation in trade and economic relations
“The meeting of the managers of Shasta economic holdings and saying that Hugo with them is a sign of the Islamic Republic of Iran’s trust in Austria, we also want We are developing Austrian-Iranian cooperation in trade and economic relations.
He stated: The managers of the largest economic holding are present in this meeting and it is necessary to spend all time, review all issues and proposals and in the end provide a suitable cooperation between Iranian and Austrian companies.
The Austrian Embassy Business Adviser explained: “With the knowledge I have gained from Shasta as an economic super-holding with a diverse field of activity, I am sure it will not be difficult for us to provide the necessary platform for establishing relationships with Austrian companies. We do not have diversity, but we have many companies that can cooperate with Shasta according to the subject of activity.
He added: “As the representative of the Austrian economy and industry, I am very happy to provide the ground for the expansion of economic and trade relations between the two countries. We used to have great cooperation between Austrian and Iranian companies, but for some reason these relations have now diminished.” We hope that by holding meetings, the level of this cooperation will increase.
The Commercial Counselor of the Austrian Embassy requested that issues and suggestions be communicated in detail and in writing, in relation to Austrian companies, to raise them and communicate the results as soon as possible.
According to IRNA, on October 20, Nariman Sadri, Deputy Chairman of the Joint Chamber of Commerce of Iran and Austria, stated at the end of a four-day trip to Vienna and after attending an economic conference between the two countries and meeting with economic activists: Expansion of economic cooperation and in line with the trade development roadmap between the two countries.
.