Sanctions End, and Iran Goes Shopping
01/25/2016 - Italian mill builder Danieli expects to sign commercial agreements with Iran worth up to US$5.7 billion as economic sanctions end and the country set about to modernize.
According to The Jerusalem Post newspaper, the agreements are among a broader package of deal Italian companies might be signing with Iran during President Hassan Rouhani’s two-day visit, his first official visit to Europe.
According to the newspaper, steel and energy businesses are represented in the deals.
The newspaper said that Danieli’s agreements with Iran will include a joint venture with the country and other international investors, to be called Persian Metallics. The deal is said to be worth US$2 billion.
According to the newspaper, steel and energy businesses are represented in the deals.
The newspaper said that Danieli’s agreements with Iran will include a joint venture with the country and other international investors, to be called Persian Metallics. The deal is said to be worth US$2 billion.
