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Lord Lamont: British economic mission heading to Iran in October

       

                Lord Lamont: British economic mission heading to Iran in October        

       

Lord Norman Lamont, President of Britain-Iran Chamber of Commerce expressed willingness to widen British economic ties with Iran and said that a British economic mission is heading to Iran in month of October.

       

Following is the full text of nterview with Lord Lamont conducted exclusively by IRNA London:
Q. How is status of Britain-Iran Chamber of Commerce? Has there been any developments planned after the Vienna nuclear deal?
A. It has been a very difficult period over the last decade because political relation have not been good, trade has declined and because of that our relationship has declined which has left us as an organization with financial difficulties. But I am very pleased to say that there now more people joining the chamber. British trade is at a very low level compared with other European countries, but now there is an enormous opportunity and obviously it is a function of the chamber try to take advantage of that.
The chamber has its own mission who are going in October. I cannot go on that trip although I would like to go and perhaps I could go next year, but that would be led by my colleague Sir Richard Dalton who is the former ambassador to Tehran. I hope that would be the first of many such missions.
Q. Who are the British mission? What areas are in your interest of the Iranian market?
A. There will be some people from oil and gas, some from the financial sector and some from services. The British economy is very services oriented;
Services can be traded internationally and I think that would be the pattern of world trade in the future.
Q. What is your prospect of the future trades with Iran?
A. First I believe this deal will be implemented; I think we should put the political past behind us; there is enormous complementarity between the two economies. I think Britain and Europe have a lot to offer Iran in terms of technology, expertise, high quality goods; There is no disrespect to China but I am not sure in every area will be the same quality as European goods and technology; So we are keen to do business with Iran.
Q. As the Vice chairman of the all party parliamentary group on Iran, how important is this group’s role in the British politics?
A. We try to interest other members of the house of common in what is happening in Iran, holding meetings that they can come to. We also had some members of the Majlis here and Jack Straw, Mr. Corbyn and I were in Iran just over a year ago. So I think it (All party parliamentary group on Iran) plays a part in the wider picture in improving relations which is very important.
We have to remember there are many misunderstanding about Iran in this country just as there are misunderstanding about the UK in Iran.
Q. What is your view on Iran’s role in the region?
A. Iran is a very important big country with 80 Million People; Iran had a revolution and after the Iraq war, relations with the west were not good, so I think time has moved on and Iran ought to have normal relations with the countries of the world.
Iran is already playing a major role in the Middle East and as President Rouhani said there are common interests between Iran and the west like fighting terrorism; Obviously we cannot expect the relationship to change immediately over night. But I am hopeful that it will change gradually.
Q. If the US president were not in favour of the nuclear deal, what would be the British position on this?
A. I think it would be very difficult for the future president of America to unpick a deal that not only have been passed by congress but have been partly implemented, so I think that would be a very serious thing to do.
The British government is enthusiastic to the deal, so I don’t think it would be anything other than dismay if there is going to be any change in American policy. We have stuck our flag to this policy and I hope we stick with it.

Source:Irandaily

 

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Iran, Algeria to open branches of commercial banks

       

                Iran, Algeria to open branches of commercial banks        

       

Iran-Algeria high commission meeting due in December

       

Iran and Algeria have agreed to encourage their commercial banks to have more direct contacts as the first step towards opening branches in their respective states, Algerian Ambassador to Tehran told Iran Daily.

Abdel-Monem Ahriz further said both countries are resolute to promote mutual trade and business.

Governor of the Central Bank of Algeria Mohamed Laksassi visited Iran during September 15-17 at the invitation of his Iranian counterpart, Valiollah Seif.

“The two CB governors signed an MoU in a meeting on Thursday. The MoU is aimed at promoting relations, expanding cooperation and increasing exchange of experts between the two banks,” he said.

Ahriz also said that the second session of Iran-Algeria High Economic Commission will be held in Algiers on December 13, 2015.

The meeting will be co-chaired by Iranian First Vice President Es’haq Jahangiri and Algerian Prime Minister Abdelmalek Sellal.

He added Iran-Algeria Follow-Up Committee on Economic Cooperation is also to be held on October 29.

Iranian Minister of Roads and Urban Development Abbas AKhundi and Algerian Minister of Maghreb Affairs, African Union and Arab League Abdelkader Messahel are to co-chair the session.

“The Algerian government has assigned Messahel as the head of the follow-up meeting due to the importance it attaches to maintaining favorable ties with Iran,” he stressed.

The Algerian ministers of housing and urban development and public health are also set to visit Iran in the near future, he announced.

The ambassador further said the Algerian Embassy in Iran is going to organize a cultural week at Milad Tower October 27-30, 2015 to mark the occasion of the 61st anniversary of the Algerian Revolution.

The event will feature an exhibition of Algerian handicrafts, costumes, national dresses, old paintings and cuisines, he said.

Also, during the four-day event, a famous Algerian movie titled ‘The Battle of Algiers’ — a 1966 war film based on events unfolding during the Algerian Independence War (1954–62) against the French domination — will be screened.

On cultural cooperation between the two countries he said, “It is improving. The two states have a longstanding cultural agreement. Iran is going to hold a cultural week in Algeria October 9-13, 2015, during which the Iranian 50-member team will present programs and expositions both in Constantine [also known as the city of suspension bridges] and Algiers as a part of the event ‘Constantine, Capital of Arab Culture 2015’.

He noted the event, featuring many cultural events, was inaugurated on April 16, 2015 and will continue until April 2016, adding a large number of Muslim Islamic and Arab states are participating in it.

 

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Tue Sep 22, 2015 5:0PM
                   
               

           

                                   
                        Iran's Minister of Economic Affairs and Finance Ali Tayyebnia (R) shakes hands with the visiting Special Envoy of the Chinese government, Zhang Yi, in Tehran on Tuesday, September 22, 2015. ©IRNA                    
           

                                       

                   

Iran's Minister of Economic Affairs and Finance Ali Tayyebnia (R) shakes hands with the visiting Special Envoy of the Chinese government, Zhang Yi, in Tehran on Tuesday, September 22, 2015. ©IRNA

               

           

               
                   
                       
                                                                                                                   

Iran's minister of economic affairs and finance says the Islamic Republic considers relations with China as strategic and plans to boost economic cooperation with Beijing.

Speaking in a meeting with special envoy of the Chinese government, Zhang Yi, in Tehran on Tuesday, Ali Tayyebnia said, “Relations between Iran and China have been always constructive and we consider these relations as strategic.”

The Iranian minister noted that limitations that exist in economic and trade relations between the two countries will be removed in the near future and the two countries will enter a new phase of economic cooperation, including with regard to bilateral investment.

He added that the visit by the Chinese government’s special envoy and his accompanying delegation proved that both countries are interested in bolstering trade and economic exchanges.

Tayyebnia also stated that territorial expanse, big population, existence of rich oil and gas resources, skilled and educated manpower, strategic geographical position and easy access to markets in neighboring countries, as well as security and stability in Iran have made the country a good choice for foreign investors.

The Iranian minister then mentioned development of Iran's southeastern Chabahar port and connecting the port city to Central Asia via railroad as a fertile ground for investment by the two countries.

The Chinese official, for his part, noted that his visit was telltale sign that Chinese government is bent on further development of economic and trade relations with Iran.

Zhang Yi, who is also Chairman of the State-Owned Assets Supervision and Administration Commission of the State Council, said development of trade ties with Iran, discussing the latest situation of bilateral cooperation, and exchange of viewpoints with Iranian officials were three objectives of his visit to the Islamic Republic.

The Chinese official arrived in Tehran on September 21 for an official three day visit to Iran. He is accompanied by a delegation comprising managing directors of 18 major Chinese companies, which seek to expand interactions with their Iranian counterparts.

                       
                   
               
           

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