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Swiss business team seeks Iran trade deals

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Swiss business team seeks Iran trade deals
World leaders met in Lausanne this month to map out Iran nuclear deal. Photo: Fabrice Coffrini/AFP
19:38 CEST+02:00
A Swiss business delegation travelled to Iran over the weekend for the first such visit in ten years in a bid to expand trade ties, the federal department of finance says.

The team, comprising executives from the pharmaceutical, green energy and services sectors, was led by Livia Leu, who served as Swiss ambassador to Tehran between 2009 and 2013, the department said.
   
The four-day visit starting Sunday comes after Iran and six world powers agreed on the outlines of a potentially historic deal aimed at curbing Tehran's nuclear drive after marathon talks in Switzerland early this month.
   
Leu, the head of bilateral ties at the State Secretariat for Economic Affairs (Seco), had said after the deal that this was a "very propitious" time to visit the Islamic republic.
   
Switzerland eased economic sanctions against Iran at the start of last year.
   
Trade between the two countries amounted to 640 million francs ($670 million) last year with the balance heavily tipped in favour of Switzerland.

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