Iranian Economy Minister in Brazil for Official Visit

Iranian Economy Minister in Brazil for Official Visit

TEHRAN (Tasnim) – Iran's Minister of Economic Affairs and Finance Ali Tayyebnia is in Brazil to hold talks with the senior officials of the South American nation on a range of issues, including ways to deepen economic ties between the two countries.

Heading a high-ranking delegation, Tayyebnia left the Peruvian capital of Lima for Brazil after taking part in the annual meeting of the World Bank Group (WBG) and the International Monetary Fund (IMF).

During his visit, the Iranian economy minister is slated to meet with a number of top Brazilian officials, including Finance Minister Joaquim Levy.

In a meeting with the visiting Brazilian Foreign Minister Mauro Vieira in Tehran earlier in mid-September, Iranian President Hassan Rouhani said the country attaches great significance to its amicable relations with Brazil as an effective country in South America.

Rouhani also pointed to the new opportunities created in Iran after the recent nuclear deal with the Group 5+1 (Russia, China, the US, Britain, France and Germany), saying, “Brazilian investors can take advantage of this opportunity for their stronger presence in Iran and participation in major projects.”

The remarks come against the backdrop of a new wave of renewed interest in ties with Iran after Tehran and the Group 5+1 (Russia, China, the US, Britain, France and Germany) on July 14 reached a conclusion over the text of a comprehensive 159-page deal on Tehran's nuclear program.

The comprehensive nuclear deal between Iran and the six powers would terminate all nuclear-related sanctions imposed on Iran after coming into force.

Experts believe that Iran's economic growth would rise remarkably after the final nuclear deal takes effect.

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