Italian PM to make landmark visit to Iran

Italian Prime Minister Matteo Renzi will travel to Iran next week for a two-day trip that will make him the first major leader to visit since the lifting of international sanctions against Tehran.

Renzi’s office said in a statement Monday that the centre-left premier would be in the Islamic Republic on April 12 and 13, without giving further details of his itinerary. 

Italy has led the way among Western countries in re-establishing economic ties to Iran following the lifting of international sanctions imposed over concerns the country was seeking to develop a nuclear weapons capacity. 

An accord to lift the sanctions was agreed last year and came into force in January.

Renzi’s trip follows Iranian President Hassan Rouhani's visit to Italy and France at the end of January — a trip which resulted in a string of major trade and investment deals being signed between Tehran and the two European countries. Contracts worth an estimated 17 billion euros ($18 billion) were signed in Rome and Rouhani said he hoped that would represent only a start, as he pitched Iran as a safe base for investors looking to get into a regional market of 300 million consumers.