Source: Islamic Republic News Agency
With the prospect of improved political relations and a new business climate between Europe and Iran, the 1st Europe-Iran Forum kicked off in London Wednesday morning. The two-day event, organized by European Voice aims to "properly prepare and evaluate the post-sanctions trade framework and investment opportunities", according to a brochure released by the organizers.
Following the historic Joint-Action Plan agreement reached by Iran and the Group 5+1 in November 2013, a series of economic sanctions were lifted, rekindling commercial interest in Iran throughout Europe.
On July 18th in Vienna, Iran and the G5+1 (United States, United Kingdom, France, Russia, China and Germany) announced the continuation of their negotiations regarding the Islamic Republic's nuclear program, through to November 24th 2014.
"This decision confirms the gathered parties' determination to come to a final agreement and foreshadows an expected rollback of the current international sanctions against Iran," said the brochure.
This unique event is an incomparable occasion to gain practical insights from experts across all industries, providing the most relevant, up-to-date information from Iran and Europe.
Through the workshop discussions, the participants will have the unique opportunity to debate and network with over 200 senior business executives from across sectors, as well as policy makers from Iran and Europe, on the opportunities and challenges represented by Iran's valuable and largely untapped marketplace.
A letter of support released by the IRI President's Chief of Staff Mohammad Nahavandian expressed hope that the forum would present information and opportunities for active international investors and facilitates competitive investments in various sectors of the Iranian economy.
Former UK foreign secretary Jack Straw and former French foreign minister Hubert Vedrine are attending the London event.
The brochure also carries multiple disclaimers that the event complies with US Treasury Department Office of Foreign Asset Control (OFAC) regulations.
Another notable attendee is Mohammad Reza Ansari, chairman of Kayson Co., an engineering and construction firm with projects in Central Asia, Belarus and Venezuela.
Bright future ahead for Iran-Europe relations: Forum Organizer
The 1st Europe-Iran Forum currently underway in London was highly welcomed by a large number of businessmen and private sector investors, an organizer of gathering said here on Thursday.
Talking to IRNA, Esfandiar Batmanqelich underscored that the interest shown in the event is a sign of optimistic attitude and hope among business owners about the bright prospect of relations between Tehran and Europe.
He stressed that the atmosphere of relations has been changed.
The forum provided the opportunity for over 300 Iranian and European experts and business owners to become better acquainted with each other, he added.
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