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Fast fashion Italian mode moves quickly to get foothold in post-sanctions Iran


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Fast fashion Italian mode moves quickly to get foothold in post-sanctions Iran

Italy has moved quickly in order for its fashion houses to get a foothold in Iran, following the lifting of Western sanctions.

The two countries signed an agreement during a two-day visit by Italian Prime Minister Matteo Renzi with a delegation of business leaders to increase trade between Italy and Iran and reinforce industrial cooperation.

The deal was signed by the National Textiles and Fashion Association Sistema Moda Italia, which represents a sector worth more than 52 billion euros in revenues, and the Tehran Garment Union.