Slovakia backs improvement of Iran’s credit rating

TEHRAN, Mar. 08 (MNA) – Iran’s Economy Minister said Slovakia, who enjoys Presidency of the Council of the European Union, has offered appropriate support to improve Iran’s credit risk ratings.

Ali Tayebnia made the remarks on the sidelines of a meeting with a visiting Slovak delegation adding “during the session, we announced our expectations and Iran’s credit rating will hopefully improve.”

“In the same line, Eximbank of Slovakia has defined a Line of Credit (LOC) for the Islamic Republic of Iran,” he continued.

The Iranian official also voiced optimism that bilateral cooperation between Tehran and Barsiliva will become strengthened in future.

Also at the meeting, Peter Pellegrini, Deputy Prime Minister for Investments and Informatization of the Slovak Republic, said an MoU had been inked for production of car tires based on which a factory with a total investment of 50 million euros will be established in Iran 30 million euros of which will be funded by Slovakia.

He further enumerated great potentials of Iran like good educational system, excellent graduates, proper human resources as well as possessing sectors like new and renewable energies which all remain remarkable venues for cooperation.

Pellegrini went on to add that more collaborations could be launched between the two sides in mining, energy, automotive as well as research and development arenas.

At the end of his remarks, the Slovak deputy prime minister expressed hope that his country will bolster bilateral relations with Iran.

HA/3926572

News Code 124085

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