TEHRAN (Dispatches) - Iranian Ambassador to Austria Ebadollah Molayee has  said that Tehran and Vienna have agreed to expand their mutual cooperation, specially in economic and industrial sectors.
"Tehran and Vienna have held important meetings on enhancing economic and industrial relations," Molayee told reporters.
He underlined that the draft of the document of the 9th joint economic commission meeting is supposed to be signed by both countries.
"The joint commission and its roadmap is a suitable framework for maintaining cooperation in energy, mine, transportation, tourism, technology, infrastructure, agricultural, health, banking, environmental, educational and academic fields," Molayee added.
The Iranian ambassador underlined that cooperation between Iran and Austria is not limited to trade exchanges alone, but rather covers all-out economic ties, attraction of investment and sharing of technological know-how.
"Signing of various MoUs and contracts has provided a suitable framework for enhancement of cooperation," he said, adding that the volume of economic exchanges between the two countries hit 420 million euros last year.
Earlier in January 2018, during a visit by senior CBI officials and Export Development Bank to Vienna, it was decided that Austria would provide Iran with a credit line for investment.