Iran, Austria, Germany to cooperate in steel, coal

IRNA – Member of the Board of Instructors of German Düsseldorf University Fereydoun Bodaghi says steel and coal are suitable grounds for cooperation among Iran, Germany and Austria.

Bodaghi told a press conference on Saturday, ‘Today, the Islamic Republic of Iran enjoys ample grounds for cooperation with other countries in mineral and industrial related activities: Steel and coal are suitable grounds for joint activity by Iran, Germany and Austria.’

Talking to IRNA on the sidelines of a press conference, Bodaghi said studies show Germany and Austria are active in coal and the mineral sector can serve as a model for cooperation.

‘Statistics show that Germany and Austria are well experienced in Europe in extraction of minerals and now after the JCPOA accord, a suitable ground has been provided for foreign investment in many mineral fields and mineral industries.’

Bodaghi said Iran, enjoying 68 minerals for extraction of which necessary investment can be made, is among world’s distinguished mineral states and now the private sector should be encouraged to be present in the field and cooperate with foreign partners.

He said besides coal, Iran and foreign parties like Germany and Austria can cooperate in lead and zinc.