Broadening Iran-Spain Ties Needs Resolving Banking Problem
Broadening Iran-Spain Ties Needs Resolving Banking Problem
Spain Embassy’s Commercial attaches to Tehran Mr. Inigo Gil-Casares in meeting with the official of Iran’s Chamber of Commerce, Industry, Mine and Agriculture (ICCIMA) emphasized that the existing problems in the field of banking relations and money exchanges is the main hurdle for broadening trade ties between Iran and Spain.

TEHRAN (Iran News) –Spain Embassy’s Commercial attaches to Tehran Mr. Inigo Gil-Casares in meeting with the official of Iran’s Chamber of Commerce, Industry, Mine and Agriculture (ICCIMA) emphasized that the existing problems in the field of banking relations and money exchanges is the main hurdle for broadening trade ties between Iran and Spain.

In the meeting, deputy on international affairs of ICCIMA Mr. Alireza Yavari pointed to the many existing capacities in the trade ties between Iran and Spain and said that the fields exempted from sanctions are appropriate fields for increasing the trade volume between the two countries.

He added that there are possibilities to broaden cooperation in the non-sanctioned fields like agriculture, medicines, food stuff and some construction materials like tiles and ceramic as well as broadening tourism which are good items for strengthening bilateral ties.

Then Gil-Casares, for his part, pointed to the start of his mission in Tehran and pointed to the strategy of the commercial sector of the Embassy of Spain in support of active traders and increasing the trade volume, and added that one of the main problems in way of developing bilateral trade ties of both countries is the issue of banking ties and money transactions.

He expressed his optimism over the fate of the JCPOA revival talks and emphasized necessity for keeping the contacts in the current condition and termed positive and useful holding of webinars and online meetings for keeping these contacts.

Gil-Casares expressed the interests of Spanish companies for cooperation with their Iranian counterparts in Iran in the fields like renewable energies, rail transport and food stuff and stated that investment of Iranian companies in production of pistachio and saffron in Spain can have good profits for both parties.

He then called for dispatch of trade delegations from Iran Chamber of Commerce to visit exhibitions in Spain and meeting with their Spanish counterparts.