Iran’s IMIDRO Inks Deal with Czech Republic on Mining Cooperation


Iran’s IMIDRO Inks Deal with Czech Republic on Mining Cooperation

TEHRAN (Tasnim) – The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) signed a memorandum of understanding (MoU) with the Czech Republic to boost cooperation in the mining industry.

The document was signed in a meeting in Tehran between IMIDRO Managing Director Mehdi Karbasian and Czech Deputy Minister of Industry and Trade Eduard Muricky.

The MoU includes the exchange of knowledge and technical data between IMIDRO and the Czech Ministry of Industry and Trade.

Speaking at the meeting, Karbasian said, “The Czech Republic has good capacity in technology of mining machineries and equipment and we are willing to develop ties with the country.”

“Formation of joint working groups for mining cooperation can pave the way for the exchanging experience and the latest mineral and industrial technologies between the two countries,” he added.

The agreement comes against the backdrop of a new wave of interest in ties with Iran after Tehran and the Group 5+1 (Russia, China, the US, Britain, France and Germany) on July 14, 2015 reached a conclusion over the text of a comprehensive 159-page deal on Tehran's nuclear program and started implementing it on January 16, 2016.

The comprehensive nuclear deal, known as Joint Comprehensive Plan of Action (JCPOA), terminated all nuclear-related sanctions imposed on Iran.

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