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Austria seeks to boost ties with Iran

Austria seeks to boost ties with Iran

TEHRAN: Austrian President Heinz Fischer said on Tuesday his country wanted to boost trade with Iran as its nuclear deal with the West opened a “new chapter” in ties with other countries.

Fischer, the first European head of state to visit Iran since 2004, told a news conference in Tehran he hoped “the volume of trade would reach 300 million euros by the end of the year”.

The July 14 nuclear deal Iran signed with six major world powers in Vienna opened “a new chapter in... Iran’s relations with other countries”, he said, flanked by Iranian President Hassan Rouhani.

Austria is a neutral country that has always maintained good relations with the Islamic republic.

According to the Austrian Economic Chambers, Vienna is hoping for a five-fold increase in trade with Iran in the medium term to reach more than one billion euros.

Fischer, who was accompanied to Iran by several government and a large business delegation, said in a commentary published in the Tehran Times newspaper that areas of cooperation include “energy, environmental technology, tourism, infrastructure, forestry and civil protection”. Austria and Iran also signed four memorandums of understanding on environmental, economic, and political cooperations and interreligious dialogue.

Published in Dawn, September 9th, 2015

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