Sweden Eyes Investment in Iran’s ICT Sector

TEHRAN (Tasnim) – Swedish Minister for Enterprise and Innovation Mikael Damberg voiced the European country’s eagerness to boost investment in Iran’s information and communications technology (ICT) market.

Sweden Eyes Investment in Iran’s ICT Sector

In a meeting with Iran’s communications minister in Tehran on Sunday, Damberg hailed Iran as an age-old and major trade partner for Sweden in the Middle East, hoping that upcoming termination of anti-Iran sanctions under a July nuclear deal would invigorate the political and economic relations between Tehran and Stockholm.

Highlighting Sweden’s great progress in the ICT industry, Damberg, who is accompanied by a high-ranking delegation in his visit, expressed the Scandinavian country’s keenness for investing in the field in Iran.

He also described his visit as a good beginning to promote cooperation with Iran in the future.

Iran and the Group 5+1 (Russia, China, the US, Britain, France and Germany) on July 14 reached a conclusion on a lasting nuclear agreement that would terminate all sanctions imposed on Tehran over its nuclear energy program after coming into force.

The promising prospect of trade with Iran has prompted major European countries to explore the market potential in the populous Middle East nation.

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