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Ambassador hails IranAustria economic relations after JCPOA

London, Iran's ambassador to Austria said on Sunday 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.

Ebadollah Molaei made the remarks speaking in an exclusive interview with the Islamic Republic News Agency (IRNA) correspondent on Sunday.

After signing JCPOA, IranAustria Joint Economic Commission was revived and the two countries signed a fiveyear 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 mediumsized 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 stateowned 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 IranAustria trade amounted to over Euros 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.

Source: Islamic Republic News Agency IRNA


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