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Austria, Iran to continue economic cooperation ignoring sanctions

Semnan, Commercial Attache of Austrian embassy to Tehran Christophe Grab Myer said on Sunday that despite of US imposed sanctions against Iran, economic cooperation between Austria and Iran will continue.

The Austrian commercial Attache made the remarks in a meeting with a number businessmen in Semnan province.

The US sanction against Iran has no legal impact on Austria, but it has consequences that make Austrian companies hesitate to cooperate with Iran, he said.

Iran's market is a major market for Austrian firms, he said.

Most of Austrian companies are from private sector and this has slowed down pace of cooperation mainly under the current economic sanctions, he said.

Iranian companies found better mechanism to cope with the imposed sanctions and took the best decisions, he pointed out.

Austria is to spare no efforts to broaden economic cooperation with Iran in various fields under the US sanctions, he said.

Austrian commercial attache accompanied Austrian Ambassador to Tehran Stefan Scholz in a one day tour to Semnan to visit economic capabilities in the province.

Source: Islamic Republic News Agency IRNA

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