TEHRAN (Tasnim) � Iran�s Minister of Economic Affairs and Finance Ali Tayyebnia held talks with his Japanese and Ecuadorian counterparts on ways to deepen bilateral trade relations.

In a meeting with Japan�s Finance Minister and Deputy Prime Minister Taro Aso on the sidelines of annual meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) in the Peruvian capital of Lima, Tayyebnia stressed the need for expanding bilateral relations and economic cooperation between the two Asian nations.

He further pointed to the positive atmosphere created after the recent nuclear agreement between Tehran and six world powers, saying that signing an economic agreement between Iran and Japan would pave the grounds for closer trade ties.

The Japanese minister, for his part, praised the nuclear deal between Iran and the Group 5+1 (Russia, China, the US, Britain, France and Germany) and said Tokyo is willing to develop economic and banking relations with Tehran.

In a separate meeting in Lima, Tayyebnia and Ecuador minister of finance Fausto Herrera exchanged views on ways of developing trade ties between Iran and the Latin American country.

The Iranian minister hailed the good relations between the two countries and said Tehran is ready to strengthen bilateral cooperation with Quito.

The meetings come against the backdrop of a new wave of renewed interest in ties with Iran after Tehran and the Group 5+1 (Russia, China, the US, Britain, France and Germany) on July 14 reached a conclusion over the text of a comprehensive 159-page deal on Tehran�s nuclear energy program.

The comprehensive nuclear deal would terminate all nuclear-related sanctions imposed on Iran after coming into force.

Experts believe that Iran�s economic growth would rise remarkably after the final nuclear deal takes effect.

By Tasnim News Agency