IRAN TRADE DEAL
November 1st, 2001
BY ALAN OSBORNTHE POSSIBILITY of a major increase in shipping between the European Union and Iran is being furthered by preparations to strike a trade and co-operation agreement between the two sides. Following preliminary discussions with Iranian diplomats, the European Commission has drawn up negotiating directives for such talks, which are expected to be approved by ministers. Brussels said there was "enormous potential" in such a deal given Iran's "rich endowments of petroleum, natural gas, and minerals" and that it was now appropriate to build the existing ...
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