Iranian president flies to Europe, mega business deals readied

January 25, 2016 1:44 PM

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ROME/PARIS Iranian President Hassan Rouhani flew to Italy on Monday at the start of his first official visit to Europe, looking to sign multi-billion dollar contracts to help to modernize Iran's economy after years of crippling financial sanctions.

Heading a 120-strong delegation of Iranian business leaders and ministers, Rouhani will spend two days in Rome before flying to France on Wednesday, hoping to burnish Tehran's international credentials at a time of turmoil across the Middle East.

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