Iran, Austria discuss financial issues

During the meeting on Saturday night, Schelling desribed the allocation of one billion euro credit by Ober Bank, as the largest Austrian bank, to provide finance and cooperation development between the two countries.

The two sides also underlined expansion of banking relations, especially brokerage ties, between Iran and Austria.

The two ministers also agreed on some changes with the aim to sign agreement on avoiding dual taxation, development of customs cooperation within the framework of European Union laws and the Austrian minister offered his proposals in this concern to his Iranian counterpart.

Referring to past year's negotiations with Schelling in Vienna, Ali Tayyebnia called for accelerating economic cooperation development.

He pointed to the terrorist attacks in Tehran earlier this week and martyrdom of a number of Iranian civilians, and called Iran as one of the victims of terrorism in the years following victory of Islamic Revolution in Iran and asked for strengthening international cooperation to fight and uproot terrorism in the whole world.

In this concern, Tayyeb-nia said fight with money laundering and financial supports for terrorism are among main programs of Iran and Finance Ministry and are following up seriously in all organizations, bodies, especially banking system with international standards.

The minister said that Iranian banks are equipped with necessary software to recognize suspected deals, financial supply for terrorists and money-laundering.

Hans Jorg Schelling offered his condolences to the Iranian government and nation on the occasion of terrorist attacks in Tehran on Wednesday, and expressed his deep sorrow and sympathy with the families of the victims.

Schelling, who is heading a high-ranking delegation, including state officials and representatives of Austria's private sector such as banks and companies, declared his government firm intention to develop ties and economic cooperation with Iran.

The Austrian minister also acknowledged on finalization of agreements between Iranian and Austrian Central Banks.

He conveyed enthusiam of a number of Austrian banks for development of cooperation with Iranian banks, including establishment of brokerage relations.

One of the aims of this visit was signing necessary agreements in the field of legal bindings to develop economic cooperation of the Austrian banks with Iran and their investment in the country, and announced that Austrian government had increased such binding four times for interested Austrian companies to invest in Iran in the past year.

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