The Iran-Italy Joint Chamber of Commerce and its sister chamber in Italy held a webinar on July 20 which is considered to be a major trade event between the two countries.
During the online meeting, 60 companies – 30 companies from Iran and 30 others from Italy – introduced their economic activities, expressing their eagerness to cooperate with corresponding companies from the other country.
The joint event of the chambers of commerce began with promising speeches by the heads of both chambers.
The Italian side said that Iran is Europe’s gateway to the Middle East and Central Asia, expressing satisfaction about holding the joint webinar.
Ahmad Pourfallah, the head of the Iran-Italy Joint Chamber of Commerce, for his part, said that lifting the US arbitrary sanctions on Iran will pave the way for improvement of trade between Iran and Italy to the previous levels.
He said that holding the same meetings will be useful for members of both chambers.
Afterwards, 15 Italian companies as well as 15 Iranian ones briefly described their activities.
Iran’s trade with Italy
A report by European Statistical Office (Eurostat) showed that Italy was Iran’s second biggest export destination in 2020 with €106.67 million, and was also the second top exporter from the European bloc to Iran with €557.5 million.
Another report by Eurostat suggested that Italy was Iran’s second biggest European trade partner in the first quarter of 2021 with €147 million worth of trade with the country after Germany which remained the top trading partner of Iran.
The source released another report two months later which showed that Italy was still Iran’s second biggest trade partner in the first fifth months of 2021 with €252.3 million worth of trade with Tehran.