Jan 20, 2016, 6:02 PM
News Code: 81929123
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Iran, Slovakia sign two agreements, one MoU

Tehran, Jan 20, IRNA – Minister of Economy and Finance Ali Tayyebnia and Deputy Prime Minister and Minister of Finance of Slovakia Peter Kazimir signed two agreements on avoiding double taxation and supporting joint investment and one memorandum of understanding (MoU) on formation of a working group for encouraging joint investments in the two countries.

In the signing ceremony, Tayyebnia said that the agreements and MoU were signed at appropriate time just following implementation of Joint Comprehensive Plan of Action (JCPOA) and this indicates intention and firm desire of both countries for development of mutual ties.
Referring to Iran's geographical location at the crossroad of east-west and south-north routes, Tayyebnia said that development of cooperation between Iran and Slovakia will facilitate access of the country to a large 400-million population market in this region.
He also outlined other advantages of investments in Iran including cheap energy, efficient and educated man power, exsistence of necessary infrastructures for industrial development and suitable regulations in support of foreign investment.
Kazimir, for his part, expressed pleasure with his Tehran visit and signing of deals with Iran as the first European state to do so following implementation of JCPOA. He expressed readiness for cooperation in other fields, including auto industry and energy.
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