TEHRAN, Dec. 10 (MNA) – The head Austrian Chamber of Commerce has said his country welcomes removal of international sanctions on Iran.

Mehr News reported that Yahya Ale Eshaq had met with Austrian deputy of Chamber of Commerce. Ale Eshaq pointed to good relations between Iran and Austria during hard times of sanctions when he was deputy minister of Industry, Mine, and Trade and headed Iran-Austria’s joint commission and 140 projects defined at the time which now had been done.

According to Ale Eshaq remarks, in the upcoming 5 years, Iran’s oil and related industries would require $ 500bn; petrochemical industry also would require $80bn and other industries would need about $ 1tr of investments, which should be attracted from foreign investment sources.

Ale Eshaq pointed to a new atmosphere created in Iran’s politics and economy after Iran and Powers’ nuclear deal in Genève and described the current conditions very favorable to development of Iran and Austria’s cooperation in private sector.

He assessed the Austrian industries as a base which would provide great help boost industries inside Iran.

The head of Tehran Chamber of Commerce also told that in the upcoming Christian year a commercial delegation of Tehran Chamber of Commerce would visit Austria to meet the country’s economic institutions and discuss directly with them.

Richard Schenz expressed gratitude about the position taken by the head of Tehran Chamber of Commerce and pointed to a good level of mutual understanding between two countries and nations. “You evaluate Austria as an industrial country, since you knew the country well, however Austria is often known as country of cultural events and beautiful landscape,” he added.

Schenz also said that his country would welcome easing the sanctions on Iran, and emphasized that Austria has been always against sanctions, “but as an EU member state, it has not done much other than criticizing the process of sanctions,” he said.

“Iran has great potentials of trade and investment and the digits you mentioned are incredible. We think that any economic plan in the region should consider Iran as a major alternative,” added Schenz.

Austrian head of Chamber of Commerce expressed hopes that the visit would be a fresh start for a giant leap forward to develop mutual economic relations.

He also emphasized that Austrian Chamber of Commerce would welcome Iranian trade delegations and he would prepare the conditions for more exchanges with Tehran.

Georg Weingartner, commercial counselor of the Austrian embassy in Tehran pointed out that in no past year had Austria stopped trade with Iran and had always a busy embassy in Tehran. “Despite the sanctions, Austrian companies had been active where sanctions provided shelters for cooperation,” he said. “Austria is a tenth of Germany in terms of industry and population. Germany exported € 1.3bn in goods to Iran and Austria exported € 220m in goods to Germany,” said he, adding that in terms of the ratio of Austrian exports to Iran to German exports to Iran, Austria has scored better.”



News Code 101075

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