She made the remarks in a meeting with Ali Akbar Salehi, the Head of Atomic Energy Organization of Iran (AEOI), in Oslo, Norway.
It is expected that appropriate framework for cooperation would be established with direct support and participation of the European Union, Schmid noted.
She further added that EU is committed to find an effective solution for banking transactions and trading with Iran.
Salehi, for his part, said that adhering to the Joint Comprehensive Plan of Actions (JCPOA) and simultaneously suffering from sanctions is not acceptable for the Islamic Republic of Iran.
European countries have taken some steps towards saving JCPOA, however, what counts now is the practical results of the announced EU policies in this regard, he added.
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