Switzerland's economy minister will visit Tehran in the coming week, announced chairman of Iran-Switzerland Chamber of Commerce.
Sharif Nezam-Mafi noted that Johann Schneider-Ammann, head of the Federal Department of Economic Affairs (FDEA) as Switzerland's ministry of economy, will lead a delegation which will include the Director of the Swiss State Secretariat for Economic Affairs (SECO) Marie-Gabrielle Ineichen-Fleisch, directors of Swiss National Bank (SNB) and private banks as well as private sector activists.
The official underlined that the visit of the economy minister of Switzerland, as one of the most important members of the European Union (EU), can be of particular significance in view of Donald Trump taking office as the president of the US.
"Following Trump's election as US president, concerns have emerged on the implementation of the nuclear deal and the Joint Comprehensive Plan of Action (JCPOA)," said Nezam-Mafi.
"The upcoming visit will provide economic officials of Iran and Switzerland with the opportunity to discuss ways to expand economic, political, cultural cooperation."
He assessed banking and financial challenges as the most formidable barriers to development of ties between the two countries adding, "The visit by Swiss economy minister and SECO director mainly pertains to banking negotiations on resolving banking and financial transactions between the two sides."
Swiss authorities are slated to hold extensive talks with officials of the Central Bank of Iran (CBI) as well as heads of private banks to overcome the obstacles to developing economic relations.
Nezam-Mafi said the Swiss delegation will also visit Mahak Society to Support Children Suffering from Cancer in Tehran and will have a dinner banquet in the charity organization.
NGO and charitable activities are greatly valued in Switzerland and the Swiss economy minister and his delegation will therefore visit Mahak Organization, as a successful charity entity, to become familiar with child care activities in the center.
The official also stated that, during the three-day visit, the Swiss delegation is also scheduled to hold meetings with Iran's private sector activists.
