Iran inked economic agreements worth $700 mln in Poland

Mohsen Jalalpour, the head of Iran's Chamber of Commerce, Industries, Mines and Agriculture told the official IRNA news agency on Wednesday that Iran's economic delegation signed 30 agreements in Poland, payvand.com webportal said. The agreements were either in the form of contracts or memorandums of understanding (MoUs), added the official, noting that some $700 million worth of deals were inked in Poland. Jalalpour said the agreements mostly involved economic cooperation over power plants (worth $240 million) and fisheries (worth nearly $200 million). The agreements were reached during the European tour of Iran's Foreign Minister Mohammad-Javad Zarif, whose visits are aimed at developing energy ties, joint investments and the exchange of trade delegations among others. Zarif arrived in Warsaw on Sunday on the first leg of his official European tour at the head of the 60-strong politico-economic delegation. Official data shows the value of Iranian exports to Poland stood at $13 million while imports were at $13 million in the first five months of 2015. Polish officials say trade between the nations could rise within a few years to one billion dollars.