Iran to boost economic ties with UK

TEHRAN, Oct. 13 (MNA) – At a meeting with Britain’s Chancellor of the Exchequer, Iran’s minister of economic affairs and finance stressed boosting of economic and banking ties with the UK.

Ali Tayebnia met and talked with the UK’s Chancellor of the Exchequer George Osborne on the sidelines of the annual meetings of the World Bank Group and the International Monetary Fund in Peru on Monday.

Pointing to the successful outcomes of negotiations between the 5+1 and Iran as well as the economic achievement of Iran’s government over the past two years, Tayebnia asserted that, “under the new conditions, the Islamic Republic of Iran has expanded economic cooperation with other countries in line with mutual respect and national interests providing the grounds for collaboration in various areas.”

Iran’s economy minister pointed to the ineffectiveness of sanctions on the Iranian nation and stressed the country’s determination to play a role in the stability, security and economic development of the region.

Emphasizing the need for using the experience of other countries’ financial and banking institutions including that of European countries, he noted that, “we take into account the cooperation of other countries during the sanction years and are determined to expand economic relations with those who helped Iran during that period.”

Britain’s Chancellor of the Exchequer George Osborne announced his government’s eagerness for the renewal of economic relations with Iran and said that, “we are determined to remove barriers to the development of economic exchanges with the Islamic Republic of Iran and we are ready to cooperate with Iran in the fields of mutual interest.”

George Osborne further expressed his interest to travel to Iran to get familiar with the economic potentials of our country.

HA/2938746

News Code 110958

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