'Italian firms interested in all-out cooperation with Iran'

Italian Finance Minister Pier Carlo Padoan underlined willingness of his country's companies to increase investment and cooperation with Iran in different arenas.

Padoan made the remarks in a meeting with his Iranian counterpart Massoud Karbasiyan on the sidelines of the World Bank and International Monetary Fund (IMF) meeting in Washington on Friday.

During the meeting, he also stressed the necessity for the expansion of financial cooperation between the two countries to develop mutual technical ties and cooperation.

Karbasiyan, for his part, referred to the increased volume of exchanges between the two countries in the first half of 2017, and underscored the need for the further broadening of bilateral economic relations.

EA