Story: Coming up! The Europe Business Iran Forum

18 February 2021
ITC News
Conference to identify economic opportunities in Iran.

The Europe-Iran Business Forum is in full swing.

The online conference, an integral part of the forum, will take place from 1 March to 3 March 2021. Business networking in order to order to develop a stronger network for Europe-Iran trade and investment is already underway.

Over 2,500 individuals from more than 25 countries are expected to participate in the forum, making it the largest-ever summit focused on Europe-Iran economic relations.

The International Trade Centre, a joint agency of the United Nations and the World Trade Organization, has partnered with the Iran Trade Promotion Organization to hold the first major conference on Europe-Iran trade and investment. The conference is funded by the European Union.

The forum will feature public presentations of three key European initiatives that aim to support economic relations with Iran, particularly by developing capacities for European and Iranian small and medium-sized enterprises (SMEs) to take advantage of trade opportunities.

The International Trade Centre and the Iran Trade Promotion Organization will launch a new National Export Strategy (NES), the culmination of a technical assistance program funded by the European Union which sought to identify sectors of the Iranian economy well- positioned for export growth, including to European markets.

The forum will include an introduction to the recently launched Due Diligence Helpdesk, an innovative European Union-funded service that will support EU businesses interested to engage with Iran, particularly SMEs. The Helpdesk will assist these companies in establishing and following the administrative processes necessary to ensure trade is conducted in compliance with EU law.

The 3-day programme will also include plenary sessions covering the macroeconomic situation in Iran, the continued development of Iran’s banking system, the growth of the private sector, the outlook for econonomic diplomacy, and the rise of Iranian creative and digital services companies, among other topics.