Italian Premier: Basta chiedere a 2 milioni di barili di petrolio gratis – Iranian President: And we will give all supporters of “JCOPA” that 2 million Barrels. Non si preoccupi caro signor Renzi,E viaggiare solo in Iran. (PIMI Portal Analysis)
Italian Prime Minister Matteo Renzi says he will visit Tehran in April after Iranian President Hassan Rouhani’s trip to Rome last month.
Renzi made the announcement at his today ( Monday 22 Feb 2016) conference in Rome. Iran and Italy signed deals worth up to 17 billion euros ($18.42 billion) during Rouhani’s 48-hour stay in Italy. The Italian Premier said then that business agreements Italy signed with Iran were “just the beginning” for the two countries.
A while ago, during his visit to Italy, President Rouhani heading a delegation of 120 Iranian business leaders and his Ministers, signed a pipeline contract worth between $4 billion and $5 billion for oil services group Saipem. Italian steel firm Danieli signed up to 5.7 billion euros in contracts while business for infrastructure firm Condotte d’Acqua inked up to 4 billion euros.
The two countries further signed an agreement to expand and modernize Iran’s rail network. The agreement, signed during Italy’s Minister of Infrastructure and Transport Graziano Delrio’s visit to Tehran earlier this month, envisages developing high-speed rail links.
As part of the agreement, Italy’s state railway company Ferrovie dello Stato (FS) will provide Iran’s RAI railway company with 5 billion euros ($5.65 billion) in export credits.
Italy was one of Iran’s leading economic and trade partners before sanctions when annual exchanges amounted to 7 billion euros compared with $1.6 billion euros now.
Italian Deputy Economic Development Minister Carlo Calenda led a large trade delegation to Tehran in November, representing 178 companies, 20 business associations and 12 banking groups.
Italy is one of the Oil dependent countries in Europe and so their premiers have to deal with the heads os states of the world who ave reach Oil reservoirs irrespective of their human records.
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