Italy Pledges to Grant Credit to Iran
The company has previously granted credits of more than 3.5 billion euros to Iran.
Following his talks with the head of Iran's Export Guarantee Fund Nowrouz Kahzadi, Tellini said Iran is an important country with 70 million population and there are huge potentials in the country to invest.
He said industries such as oil, petrochemical, textile and foodstuff are among the potential domains in which the Italian companies could invest funds.
Tellini said his company would release credit lines to the Iranian banks as a way to enable them to provide loans to the small and medium-seize enterprises.
Kahzadi told reporters that the cooperation between the Iranian Export Guarantee Fund and Italy's insurance company would be a great encouragement for the Iranian and Italian companies to work together in the reconstruction of the war-shattered Afghanistan.
He was pleased over the fact that Italy has considered Iran's strategic position in the region and called on it to undertake joint steps in the reconstruction of Afghanistan.
He said the relations between Iran and Italy are improving with a satisfactory pace. He noted that the insurance company is among the Italian most prestigious companies.
Tellini is in Tehran to take part in the Fifth Tehran-Rome Joint Economic Cooperation Commission which convened in Tehran on Sunday. Industries and Mines Minister Eshaq Jahangiri and Italian Productive Activities Minister Antonio Marzano cochaired the meeting.
Italian Productive Activities Minister Antonio Marzano arrived in Tehran on Saturday to take part at the Tehran-Rome Joint Economic Cooperation Commission Session, to be held here February 23-26.
Marzano is accompanied by director of Italy's State Insurance Institute, and a group of industrialists, traders and entrepreneurs.
He said there is no restriction on the expansion of cooperation between Iran and Italy in the fields of economy and industry, especially between their small and medium-sized industries.