TEHRAN, Jun. 05 (MNA) – An executive director of Austria’s OeKB met and talked with Iran’s economy minister on the sidelines of the annual meeting of OFID's Ministerial Council in Vienna.


The meeting was held in Austria on the sidelines of the 37th session of the Ministerial Council of the OPEC (Organization of Petroleum Exporting Countries) Fund for International Development (OFID).

Member of the Board of Executive Directors at Oesterreichische Kontrollbank AG (OeKB) Rudolf Scholten appreciated the efforts made by Organization for Investment, Economic and Technical Assistance of Iran (OIETAI) in resolving banking issues and opening a new chapter in monetary and investment ties between the two countries.

Scholten voiced readiness to cover and fund various projects approved by Iran as well as to issue necessary guarantees.

The Austrian official, while referring to resumption of banking cooperation between the two countries, stressed the firm determination of his country to reinvigorate bilateral ties with the Islamic Republic of Iran.

Iranian Economy Minister Ali Tayebnia, for his part, pointed to earlier meetings and talks which led to resolution of barriers.

Teyebnia went on to emphasize the need to accelerate the implementation of ongoing projects.

He also referred to the measures taken in the country in the fight against money laundering and the countering the financing of terrorism as well as the relevant acts passed by the Iranian Parliament.

Economy minister of Iran expressed the country’s readiness to cooperate with the European country in all banking and financial fields.

Oesterreichische Kontrollbank Aktiengesellschaft (OeKB) is Austria's main provider of financial and information services to the export industry and the capital market. True to its mandate to support the Austrian economy, OeKB has served trade and industry since the institution's founding in 1946.

By Mehr News Agency