Spectator on facebook

Spectator on facebook

Firms return from Iran with contracts worth €100 million

A FRAMEWORK agreement on the building of ecological oil reservoirs and cooperation in the production of light propeller planes was concluded by Slovak companies during their trade mission in Iran this week, the Finance Ministry reported on January 21.

Finance Minister Peter Kažimír(Source: TASR)

Contracts worth €100 million in total were initially negotiated during the official visit of Finance Minister Peter Kažimír to the Islamic Republic of Iran in January 17-20.

“We signed international agreements on the mutual protection of investments and prevention of double taxation,” said Kažimír upon his return from Iran, as quoted by the TASR newswire.

Prečítajte si tiež: Prečítajte si tiež:Finance Minister talks economic agreements in Iran

Slovakia has thereby become one of the first EU countries to facilitate their entrepreneurs' business cooperation with Iran in this manner. There is also growing support for mutual trade and investment, as economic sanctions against Tehran are being lifted in the wake of a six-nation nuclear supervision deal, according to the press department of the ministry.

The support for investments and trade is to be bolstered also by a Memorandum of Understanding signed by the Iranian Organisation for Investment, Economic and Technical Cooperation and the Slovak Agency for Development of Investments and Trade (SARIO).

Top stories

EC scrutinises state aid for Jaguar Photo

There is a question whether the scrutiny may impact the carmaker’s plans to invest in Slovakia.

The construction site of a brand new plant of Jaguar Land Rover near Nitra.

Vote-buying scandal lands village mayor in court

Some Roma claiming the mayor of Gemerská Poloma, Miroslav Michalka was buying votes, have changed their testimonies.

Stanislav Kučerák (blue shirt) is a key witness in the vote-buying case.

Police president refuses the proposals of students

He turned down their suggestions for a public debate but invites them to talk about corruption at the Police Corps Presidium.

Police President Tibor Gašpar

How to sell Slovak books to English readers

Slovak literature makes it to the big bookstores of London, but it is unlikely to become a bestseller yet.

On Wednesday, Slovak literature will be presented in one of the biggest bookstores in London. Among the new books translated into English is also the anthology of current Slovak prose selected and translated by Magdalena Mullek and Júlia Sherwood.