“Iran has a great potential in the field of economy and my country is ready to boost its all-out economic ties with Iran as soon as possible,” said Ric Wells, deputy minister of Australia’s Foreign Ministry, in a meeting with Iran’s Deputy Economy Minister Mohammad Khazae here in Tehran on Tuesday.
Wells also stressed that both nations should explore more avenues for cooperation in the spheres of agriculture, mining and education.
For his part, Khazae said Tehran and Canberra should redouble their efforts to increase their volume of trade exchanges in the fields of investment, customs cooperation, and prevention of additional taxation as Iran is on the cusp of economic expansion following the conclusion of nuclear talks between the Islamic Republic and six world powers.
In the wake of the conclusion of nuclear talks between Iran and the Group 5+1 (Russia, China, the US, Britain, France and Germany) on July 14, major European countries have expressed their willingness to carve out more niche positions in the Iranian market as global demand for investment in the Islamic country is on the rise.