Central Asia and the Greater Caspian Region
30 August, 2024
Strengthening Swiss-MENA Trade
4 September, 2024
Geneva Chamber Panel: Bridging Iran-Switzerland Business
At a pivotal event hosted by the Geneva Chamber of Commerce, a distinguished panel explored the growing economic relationship between Iran and Switzerland. Organized with the Iran-Switzerland Chamber of Commerce, the discussion brought together influential figures from the business and legal sectors to delve into the challenges and opportunities for cross-border trade.
Key Insights:
- Masoud Khansari, Head of the Tehran Chamber of Commerce, Industries, Mines, and Agriculture, kicked off the discussion by showcasing Iran’s economic potential and its strategic significance for Swiss businesses. He highlighted Iran’s rich resources and its advantageous position in the Middle East as key factors for Swiss expansion in the region.
- Sharif Nezam Mafi, Chairman of the Iran-Switzerland Chamber of Commerce, provided an overview of the current trade dynamics between the two nations. Mafi emphasized the Chamber’s role in overcoming regulatory hurdles and ensuring smooth operations for companies on both sides. He also outlined recent trade developments and future prospects, stressing the importance of ongoing dialogue and cooperation.
- Cyrus Siassi, a Swiss lawyer from SMB Law, offered a legal perspective on the business landscape. He addressed the complexities of legal frameworks, international sanctions, and compliance strategies for businesses navigating the Iran-Switzerland trade corridor. His insights were crucial for companies aiming to manage legal risks effectively.
- Vincent Subila, Director General of the Geneva Chamber of Commerce and Industry, concluded the session by underscoring Geneva’s role as a global business hub. He discussed the Chamber’s efforts to promote international trade and support businesses in expanding into emerging markets like Iran. Subila highlighted the need for a conducive environment for business growth and innovation.
The panelists collectively acknowledged the significant potential for economic advancement through strengthened ties between Iran and Switzerland. They agreed on the necessity for sustained cooperation and robust frameworks to enable businesses to thrive despite global economic challenges.
