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Iran, Italy sign seven memoranda of understanding

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Staff writer ▼ | April 13, 2016
Iranian and Italian officials signed 7 MoUs in different areas of cooperation during the visit of Italian PM Matteo Renzi and his entourage to Tehran.
Iran Italy
Cooperation   New way of doing business together for Italy and Iran
Iranian and Italians signed 7 memoranda of understanding (MoU) in both private and public sections in presence of President Hassan Rouhani of Iran and Italian Prime Minister Matteo Renzi in Tehran.

A Memorandum of Understanding on tourism and cultural cooperation is among the agreements signed in Tehran in addition to an industrial MoU signed between Iranian energy ministry and Italian ministry of economic development.

Also RFI (Rete Ferroviaria Italiana, Italian Rail Network) and The Islamic Republic of Iran Railways set the frame for future cooperation.

Italian oil and gas giant ENI and Iran’s NIGEC (National Iranian Gas Exports Company) were the other two entities from the two countries to sign an agreement for expansion of ties.

Iranian Airports Holding Company (IAC) and the operator of Milan airports (SEA) made another couple of companies of two countries to sign an agreement.

Iranian Car Gas System Company and Italy’s Danieli agreed to cooperate in the field of producing materials needed for car industry.