Jul 3, 2019, 12:02 AM
Journalist ID: 1853
News Code: 83379039
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Iranian, Austrian officials emphasize development of provincial cooperation

London, July 2, IRNA - Iran's Ambassador to Austria Ebadullah Molaei in a meeting with the Governor and Mayor of Vienna Michael Ludwig exchanged views on the latest developments in the provincial interactions of Iran and Austria.

The ambassador said that Iran and Austria witnessed one of the most active periods of bilateral economic relations after the Iran nuclear deal – known as JCPOA – was signed between Iran and six world powers in 2015.

In an exclusive interview with IRNA after the meeting, he said that after signing JCPOA, Iran-Austria Joint Economic Commission was revived and the two countries signed a five-year agreement on economic relations road map, the ambassador said, adding that a cooperation working group has also been formed on different areas, such as energy, effective technologies and mine, infrastructure and transportation, trade, small- and medium-sized companies, environment, water resources management, tourism and academic cooperation.

During the past three years, some 30 cooperation documents were signed between the two countries which pave the way for promotion of economic bilateral cooperation in economic area, Molaei said.

He said that apart from the state-owned economy, the private sector largely contributed to the expansion of economic, industrial and trade relations between the two countries during the mentioned time.

He expressed satisfaction with the volume of trade relations between Iran and Austria, and said that Iran-Austria trade amounted to over €725 million in 2018 which showed a 60% growth compared to the figures from the preceding year.

Hailing cultural and academic relations between the two countries, the ambassador said that Austria is one of the four main Iranian key European allies in academic area.

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