Azernews.Az

By Gunay Hasanova

Finnish President Sauli Niinisto, heading a high-ranking delegation, arrived in Tehran on October 25 to eye the development of trade and economic relations with Iran.

He is scheduled to meet with President Hassan Rouhani and Iranian senior officials, IRNA news agency reported.

A group of leading Finnish companies accompanies President Niinisto during his ongoing visit to Tehran aiming to take major steps to develop trade relations between the two countries.

Back in May, Iranian Foreign Minister Mohammad Javad Zarif paid a visit to Finland in a bid to find ways for expansion of the trade ties.

Tehran and Helsinki are attempting to rebuild the bilateral trade, having contracted from a high of $200 million in 2006 to a low of $23 million in 2014 due to the international sanctions imposed on Iran over its nuclear program.

Following the removal of the international sanctions, Iran is seeking long-term, strategic economic ties with European countries in general, and Finland in particular, with a focus on joint investment in all economic, technical and executive domains.

The environment, industry, information technology (IT), telecommunication, and modern technologies are among key cooperation areas Finland can collaborate with Iran.

The two countries aim to develop stronger in rail and maritime transportation, trade services, , as well as tourism and related infrastructures.

In turn, Iran can benefit from world-class telecommunication advances, environment-friendly technologies, bio-economy and forestry, waste management programs, water and mining sectors, infrastructure, and construction sectors of Finland.

---

Gunay Hasanova is AzerNews’ staff journalist, follow her on Twitter: @gunhasanova

Follow us on Twitter @AzerNewsAz