Tehran, YJC. An Irish statesman has said with the possible lifting of some sanctions currently imposed on Iran, Enterprise Ireland is seeking to conduct exploratory visit to Iran in the early 2015.
Richard Bruton, Ireland’s Minister for Enterprise, stated
that the visit will be the first by the agency since 2007. He also added that the
visit will be aimed at recognition of the potential represented by the Iranian
market.
Following the visit, a strategy will be put in action as to
how best to back the client companies which may like to explore the Iranian
market further.
Ireland exported €57 million worth of products to Iran in
2013. The main part of the goods traded were either soft drink concentrate or
pharmaceutical materials.
Not only is this not a significant amount of trade, Ireland’s
imports from Iran are only worth €1 million a year (most of which is fruits and
vegetables). The lack of exports and imports is thought to be due to tough EU
sanctions that limit trade relationships between the European and the Middle
Eastern countries.
However, as prospects of easier situations loom, Ireland is
looking for possible opportunities in Iran.