Western and Central Africa
Eastern and Southern Africa
Eastern Europe and Central Asia
About the project
The EU-Iran Trade Development Project is part of renewed cooperation and engagement between the EU and Iran following the conclusion of the Joint Comprehensive Plan of Action (JCPOA) in 2015.
The European Union (EU) funds the 5-year project, with a budget of EUR 8 million. Launched in January 2019, the project was designed by the International Trade Centre, jointly with the Government of Iran, namely the Ministry of Industry, Mine and Trade (MIMT).
The objective of the project is to contribute to sustainable economic and social development in Iran, through increased and diversified trade in goods and services.
More specifically, this project aims to support the business sector, including high potential SMEs, by facilitating the drafting of a National Export Strategy, supporting the development of selected value chains, providing technical cooperation to Iran's Trade Promotion Organization (I-TPO), and establishing a youth trade accelerator.
OUTPUT 1. Trade policy, market intelligence, investment framework, and mechanisms for addressing bilateral trade irritants are improved.
OUTPUT 2. Inclusive access to markets and/or to value chains is improved.
OUTPUT 3. Capacity for business innovation and entrepreneurship, including on sustainable and digital solutions for SMEs and their support institutions, is increased.
The Europe-Iran Business Forum is a major online conference focused on economic opportunities in Iran.