Business News

Slovenian and Iranian Commerce Chambers Strengthen Cooperation

Ljubljana, 14 December (STA) - The Slovenian and Iranian chambers of commerce signed on Monday as part of a Slovenian-Iranian business forum an agreement setting up a joint business council. The body will provide a formal framework for the forging of new business ties between companies from the two countries.

The agreement was signed in Ljubljana by Chamber of Commerce and Industry (GZS) head Zdenko Pavcek and Ibrahim Jamili, board member of the Iran Chamber of Commerce, Industries and Mines (ICCIM) and head of the Zanjan Chamber of Commerce.

Both called for stronger cooperation, saying it was currently slow but harbouring a lot of potential.

Jamili stressed that Iran was about more than just oil and gas. It also has a lot of potential in transport, telecommunication, ore and metal, auto industry and engineering, agricultural and food products, education, R&D and tourism, he said.

He moreover pointed to the geostrategic advantages of Iran, which provide the opportunity for joint ventures in the region. The same goes for Slovenia, which is a good starting point for forays onto European and Balkan markets.

According to GZS data, trade between Slovenia and Iran reached 23.2m in the first eight months this year, with EUR 20.5m on the side of exports to Iran.

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