Iran and Italy have signed agreements for 17 billion euros

Moscow. January 26.– Iran and Italy on Monday signed a bilateral agreement worth almost 17 billion euros during the visit of Iranian President Hassan Rouhani in Rome, BBC reports.

Agreement with Italian companies related to energy and infrastructure.

In particular, the Italian oilfield services company Saipem, which built the “Nord stream 1” and “Blue stream”, signed a Protocol of intent with Parsian Oil & Gas Development Co. for major oil and gas projects in Iran. Saipem, controlled by Eni and Italian state Fund FSI, update and expansion of the oil refinery in Shiraz and Tabriz in the South of Iran.

After the signing ceremony, Rouhani went out to dinner with the Prime Minister of Italy Matteo Renzi at the Capitol.

On Tuesday, Rouhani will meet with Pope Francis in the Vatican. On Wednesday, he will travel to Paris, where the planned signing of the major transaction with Airbus on the purchase of Iran for more than 100 aircraft.

The Iranian delegation includes 120 people, among them members of the government and big businessmen.

European tour the President of Iran will last for five days. It aims to restore ties with the West after removal from Iran of international sanctions.

On Saturday during his visit to Iran, the Chinese leader, XI Jinping, Beijing and Tehran signed 17 agreements in different spheres, designed to increase foreign trade turnover of the two countries to $600 billion euros per year.