During her last trip to Austria on the occasion of the 1st Iran Petrochemical Value Chain Summit (Vienna-Austria) Mrs. Marzieh Shahdaei the NPC Director reached to a preliminary deal with the Flanders Investment and Trade (FIT) for investment of European financiers in Iran’s petrochemical industry.
During the meeting, the parties discussed direct investment of European banks and insurance companies in Iran’s petrochemical projects; they both reached a preliminary agreement (MOU) at the end of the meeting.
Accordingly, a 200-strong economic delegation from Belgium will visit Iran to learn about the country’s investment potentials and capabilities in the petrochemical sector for future investments.
The FIT managing director voiced the preparedness of Belgian companies to invest in Iran and supply parts and items to petrochemical and petroleum projects in the oil-rich country. The FIT chief also proposed that a private investment fund should be established in Luxembourg to facilitate direct investment of Belgian banks and companies in Iran.
Shahdaei, who is also the DM of the Petroleum Minister for petrochemical industry, proposed also a non-disclosure agreement to be be signed between NPC and the FIT as soon as possible.
Flanders Investment and Trade (FIT) was founded by the Flemish government in 2005. The FIT agency helps Flemish companies expand their business abroad and assists foreign companies in finding Flemish suppliers of quality goods and services. The FIT agency is headed by Christ’l Joris.
Flanders is the Dutch-speaking northern portion of Belgium, although there are several overlapping definitions, including ones related to culture, language, politics and history. It is one of the communities, regions and language areas of Belgium. The demonym associated with Flanders is Fleming, while the corresponding adjective is Flemish. The official capital of Flanders is Brussels, although Brussels itself has an independent regional government, and the government of Flanders only oversees some cultural aspects of Brussels life.
