Australia keen to invest in Iran’s mine industry

TEHRAN (Tasnim) – Australia voiced its enthusiasm to resume and strengthen cooperation with Iran in its mine industry.

The Australian Trade Commission (Austrade), a leading body tasked with contributing to Australia’s economic prosperity, has sent a representative to Tehran in the hope of returning to Iran’s lucrative mine industry.

Gerard Seeber, who is responsible for Austrade’s operations across the Middle East and North Africa region, held a meeting with CEO of the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) Mahdi Karbasian in Tehran.

During the meeting, Seeber voiced his country’s eagerness to resume and bolster ties with Iran in the mine industry.

Australia is aware of the advantages and opportunities that exist in Iran’s mine sector, he noted, saying that Australian companies are willing to return to Iran and invest in the country’s mine projects.

For his part, Karbasian highlighted the abundant opportunities for investment in Iran’s mine sector, expressing Tehran’s willingness to cooperate with Australian firms in mineral exploration.

The promising prospect of trade with Iran after the conclusion of nuclear talks between Tehran and world powers has prompted many countries to explore the market potential in the Middle East nation.

Iran and the Group 5+1 (Russia, China, the US, Britain, France and Germany) on July 14 reached a conclusion on a lasting nuclear agreement that would terminate all sanctions imposed on Tehran over its nuclear energy program after coming into force.

By Tasnim News Agency