TEHRAN–The Greek Foreign Minister Nikos Kotzias would lead a 40-member economic delegation to Iran in late November, the Tasnim News Agency cited the report of Greek daily newspaper,  Ekathimerini on Wednesday.

40 Greek entrepreneurs in different fields will be scanning the Iranian market for business opportunities as several sectors are hoping to penetrate the Iranian market.

The delegation to Tehran will include representatives of Aegean Airlines as well as construction materials and food companies. Representatives of Greek pharmaceutical companies such as ELPEN, Demo and Vianex are also part of the delegation.

In July, the Iran-Greece Joint Business Council announced that the two countries would establish their joint chamber of commerce within three months, setting a target for increasing the bilateral trade to €3 billion over the course of three years.

Meanwhile, during his visit to Tehran in May, Kotzias said his country is keen to expand economic relations with Iran.

With the nuclear pact clinched between Iran and the world’s major powers on the country’s nuclear program, there has been a surge of foreign investors seeking trade avenues in the country.

SJ