A 5 billion euro agreement between Italy and Iran to relaunch investments in three key sectors: purchase of goods and services, infrastructure and energy with the support of the newco Invitalia Global Investment. While in Tehran the protest against the cost of living and the government of the moderate president Hassan Rohani does not stop, Italy is able to move forward in the application of the Joint Comprehensive Plan of Action, the Iranian nuclear agreement of 2015, to followed by missions by the Renzi (2016) and Gentiloni (2017) governments which finalized total commercial agreements for 27 billion euros. According to sources close to the dossier, consulted by Adnkronos, the signing of the framework agreement, which will be held tomorrow at the Mef with the Minister of Economy Pier Carlo Padoan and the Iranian colleague, Mohammed Khazaei and the leaders of Invitalia and the Iranian counterpart Oietai , provides for the opening of credit lines by Invitalia in favor of two Iranian banks, the Bank of Industry and Mine and the Middle East Bank, to finance individual projects that meet the necessary requirements. The details of the agreement will be developed later, including the hypothesis of involving Italian credit institutions. Agreements similar to that with Rome have also been reached by Tehran with South Korea (for 8 billion dollars), Austria (1 billion euros), Denmark (500 million) and China (10 billion dollars). The operation, the Mef underlines, is made possible by the new provision of the Budget Law which authorizes Invitalia to operate, also through a newco, to provide financial and insurance services guaranteed by the State in favor of national operators who carry out their activities in the countries high-risk qualifiers, in this case Iran.
