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Iran, Sweden to promote trade ties

Swedish Consul in Tehran Soren Lundvall on Tuesday encouraged Iranian tradesmen and industrialists to visit Sweden and attempt to present their products on its markets, IRNA reported from Tehran.

Addressing reporters on the sidelines of Sweden's one-day trade conference, he added that Iranian tradesmen and industrialists will have the chance to introduce their culture to the Swedes.

Turning to the fact that the Swedish community doesn't have much knowledge about Iran, he said that frequent exchange of visits and holding various seminars in both countries will provide tradesmen from Iran and Sweden with information on investment opportunities.

Lundvall said that the conference aims to introduce several major Swedish companies, which are represented in Iran, as well as Sweden's industries to the Iranian tradesmen and industrialists.

"We have recommended the managers of the Swedish companies representative offices to brief their national counterparts on their visit and contacts during the one-day conference," he added.

He noted that introduction of the potentials of both states for exchanges in the field of industries, assessment of mutual transactions and proposal on proper strategies to promote such exchanges are among the objectives of the conference.

Pointing to the interest of the Swedes in investment in Iran's industrial sector, he said that despite the ambiguous points in Iran's foreign investment law the Swedish tradesmen are keen to visit the land.

"Given that Sweden's foreign investment law is straightforward, the Iranians can invest in various fields in the country. "Iranians are currently involved in the import of foodstuff, carpets and handicrafts to the country as well as establishment of travel agencies," he added.

He put Sweden's export to Iran over a nine-month period this year at dlrs 476 million and added that a 73.7 percent boost is observed over similar period last year.

Lundvall said that Sweden exports machinery, equipment used in various sections of industries and mines, roads and construction, energy, telecommunication, transportation, medicine and chemicals to Iran.

The Swedish consul said that Iran-Sweden trade balance in the current year has been in favor of Iran.

The diplomat said that Iran's export to Sweden in a similar period this year amounted to dlrs 589 million and put the boost over last year at 87.7 percent.

"Some 99 percent of Iran's goods exported to Sweden consists of oil and the remaining one percent accounts for foodstuff, chemicals, different types of raw materials and light industrial products," he concluded.

... Payvand News - 12/16/03 ... --

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