TEHRAN (FNA)- Iranian Deputy Energy Minister Alireza Daemi announced on Monday that companies from several European and Arab countries have declared deep interest in broadening ties with Iran in the water and power industries.

"Companies from Austria, Germany, France, Italy, as well as some Arab countries have voiced readiness to finance projects in electricity, water, and water management in Iran," Daemi said.

"We seek to increase productivity and efficiency in the domestic power sector via exchanging technological experience and know-how with foreigners," he added.

Follwing the Vienna deal with the Group 5+1 (the US, Britain, France, China and Russia plus Germany), Iran has been inundated with an overflow of offers made by various European companies who have lined-up to enter the country's markets. Offers have been presented not only in written proposals, but also through emails and even phone calls.

High-ranking business and industrial delegations from Germany, Italy, Austria and etc. have visited Iran recently to discuss ties with Iranian officials.

Iran is scrutinizing offers by foreign trade firms and states to select the best economic partners from among a pool of proposals. The country has underlined that it does not intend to expand ties on the basis of imports.

By Fars News Agency