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

My five-year-old daughter will almost certainly encounter a Weinstein too

It’s not that I thought sexually harassing women was okay, it’s more that I accepted that was just part of how things worked. Unfortunate, yes, but also standard.

Harvey Weinstein

Socialism elections were parody of free vote

After the revolution in 1989 the number of people participating in elections fell from 99 percent to around 60 percent.

Elections during socialism regime.

Foreigners: Top 10 events in Bratislava Video

Tips for the top 10 events in the capital between November 17 and November 26, plus regular services in different languages, training, temporary exhibitions and highlights of the year.

Lúčnica

Top 3 stories from Last Week in Slovakia Video

Chinese could produce e-cars in Slovakia - PM Robert Fico does not see election defeat - Poliačik leaves the strongest opposition party

PM Robert Fico