Davos, Switzerland, Jan 21, IRNA � Founder and Executive Director of World Economic Forum Klaus Schwab conferred with Foreign Minister Mohammad Javad Zarif and Iranian delegation in Davos, Switzerland, on Thursday.

Schwab presented a brief report on this round of talks in Davos.

IRNA reporter in Davos said that head of Presidential Office Mohammad Nahavandian was also present in the meeting.

Shwab highlighted capacities of the WEF for development of economic and commercial cooperation, expressing pleasure with Iran's new economic situation in the wake of implementation of Joint Comprehensive Plan of Action.

Schwab expressed hope that considering Iran's abilities in different fields, the Forum's potentials would be utilized for Iranian economic development.

By IRNA