Economy

Official: Sweden Ready to Increase Economic Cooperation with Iran

Sweden Ready to Increase Economic Cooperation with Iran

Chairman of the International Council of Swedish Industry Erik Belfrage underlined his country’s readiness to boost economic and trade cooperation with Iran.

During a meeting with Iranian Deputy Economy Minister Behrouz Alishiri in Tehran on Wednesday, Belfrage stressed Iran’s huge economic capacity, and expressed the hope that the council would be able to strengthen Swedish companies’ presence in the Iranian projects.

Commenting on Geneva nuclear deal between Iran and the world powers, he said that if the positive trend of the agreement continues, major Swedish companies will make investment in Iran.

In relevant remarks earlier this month, Swedish Foreign Minister Carl Bildt underlined that the time has now arrived for the removal of the US-led EU sanctions against Iran.

“There is no reason that the European Union should not annul some parts of the sanctions it has imposed against Iran,” Bildt said.

On November 24, Iran and the Group 5+1 (the five permanent UN Security Council members plus Germany) reached an interim deal aimed at laying the groundwork for the full resolution of the West’s decade-old dispute with Iran over its nuclear energy program.

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