Mega deals and warms words flow as Iranian president visits Italy

Italy and Iran signed a battery of business deals on Monday at the start of a visit to Europe by Iranian President Hassan Rouhani aimed at rebuilding his nation's ties with the West after years of economic sanctions.
Heading a 120-strong delegation of Iranian business leaders and ministers, Rouhani will spend two days in Rome before flying to France on Wednesday, looking to Tehran's diplomatic credentials at a time of turmoil across the Middle East.
An Italian government source said the Iranians would sign up to 17 billion euros ($18.4 billion) worth of deals with local companies in an array of sectors, from energy to infrastructure and from steel to shipbuilding.
Subscribe for our daily newsletter
Subscribe for our daily newsletter

By subscribing I accept the terms of use and privacy policy