Senior Saudi trade delegation due in Iran: Deputy FM
A high-ranking trade delegation from Saudi Arabia will visit Iran in the upcoming days to tour a major economic exhibition in the country, according to a senior Iranian official.
Mehdi Safari, who leads economic diplomacy affairs at the Iranian Foreign Ministry, said on Thursday that the Saudi delegation is to take part in Iran EXPO 2023, an event slated for May 7-10.
Safari said the Saudi delegation will be led by a senior deputy minister from the kingdom’s government.
He said the trip will coincide with plans by Iran and Saudi Arabia to reopen their embassies and consulates until May 9 based on a détente agreement reached in China in early March.
The official said the Iran EXPO 2023 could lead to contracts worth at least $1 billion between Iranian businesses and representatives from 60 countries without elaborating whether there would be any deal between Iranian and Saudi businesses during the fair.
Saudi Arabian authorities have said the kingdom is ready to engage in Iranian business and energy projects as part of efforts to rebuild ties between the two countries.
Iranian businesses are also eager to expand their regional presence into the Saudi market amid signs that the kingdom is seeking to launch large-scale infrastructure and development projects.
D-8’s role in Iran’s economy after Cairo summit
Iran’s mining, metals exports at $8.8bn in Apr-Nov
Iran’s cenbank says inflation down to lowest in 4 years
Yemeni armed forces down F-18 fighter jet, repel US-UK attack: spokesman
Iran warns against US-Israeli plot to weaken Muslims, dominate region
VIDEO | Public uproar in US against Israeli regime
‘Ghost town’: 70% of Jabalia buildings destroyed by Israel
Mother’s Day: Sareh Javanmardi’s inspiring journey as Paralympic champion and mother
Russia downs over 40 Ukrainian drones as Putin vows 'destruction' on Kiev
VIDEO | Yemen: A bone in Israeli neck
D-8’s role in Iran’s economy after Cairo summit
PressTV NEWSLETTER
now
This makes it easy to access the Press TV website
