Iran Welcomes Enhancement of Economic Ties with Sweden

TEHRAN (Tasnim) – Tehran and Stockholm can enhance their economic relations as the Islamic Republic enjoys strong ties with the Europe, the Iranian president underlined.

Iran Welcomes Enhancement of Economic Ties with Sweden

In a Tuesday meeting with the visiting Swedish foreign minister, Carl Bildt, here in Tehran, Iran’s President Hassan Rouhani welcomed the idea of expansion of ties with the Nordic country, and said, “We can expand our economic relations with Sweden and the two countries’ private sectors can become active in all fields.”

President Rouhani further described the bilateral relations between Iran and the European countries as “very strong and deep-rooted," and hailed an increase in the number of foreign companies’ visits to the country following a landmark nuclear deal between Tehran and the major world powers.

“Our economic relations with many European countries have started after the preliminary (nuclear) agreement and these ties are developing in a completely new form,” he added.

Earlier on Monday, a delegation of more than 100 French companies arrived in Tehran, in the biggest demonstration of western business interest in Iran following an easing of sanctions on the country.

The French business delegation, mainly from the European country’s car making, mining, industrial and commercial sectors, had also a meeting at Iran Chamber of Commerce, Industries, Mines and Agriculture earlier in the day.

France and the other countries are preparing to seize opportunities in the Iranian market following the easing of sanctions on Tehran after a nuclear deal between the Islamic Republic and the six major world powers took effect on January 20.

On November 24, 2013, Iran and the Group 5+1 (also known as P5+1 or E3+3) signed a six-month deal on Tehran’s nuclear program in Geneva after several rounds of tight negotiations.

Based on the interim deal (the Joint Plan of Action), the world powers agreed to suspend some non-essential sanctions and to impose no new nuclear-related bans in return for Tehran's decision to suspend its 20% enrichment for a period of six months.

The breakthrough deal, which has come into effect since January 20, stipulates that over the course of six months, Iran and the six countries will draw up a comprehensive nuclear deal which will lead to a lifting of the whole sanctions on Iran.

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