MOSCOW (Sputnik) — According to the EU foreign policy chief, trade between the European Union and Iran showed a 22-percent increase in January-April 2016.
"We are very actively engaging with the business community and with the banks in Europe and elsewhere outside of Europe to encourage engaging in Iran," Mogherini said at a press conference in Oslo.
Tehran began stepping up international trade and investment cooperation after reaching a historic deal on its nuclear program to ensure its peaceful nature in exchange for the suspension of international anti-Iran sanctions, in particular on its oil sector, in July 2015.
In mid-January, the sanctions were removed after the International Atomic Energy Agency verified the Islamic republic’s compliance with the nuclear agreement.
