02:10 GMT +318 August 2019
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    Austria's Minister for Foreign Affairs and Integration Sebastian Kurz speaks at the International conference on the humanitarian impact of nuclear weapons, on December 8, 2014 in Vienna

    Iran Nuclear Deal to Boost Economic Ties Between Austrian Companies, Tehran

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    Iran's Nuclear Program Amid Western Sanctions (551)
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    The Iranian nuclear deal offers a chance to boost cooperation between Vienna and Tehran, including better perspectives for Austrian companies, Austria’s Foreign Minister Sebastian Kurz told Sputnik on Tuesday.

    VIENNA (Sputnik) — The historic agreement was reached in Vienna on Tuesday after over two weeks of strenuous talks following several years of intermittent negotiations. It will limit Iran’s nuclear work in exchange for the easing of international economic restrictions.

    "It is an opportunity to strengthen and deepen relations between our two countries but there is also a chance for better economic cooperation," Kurz said to Sputnik on the heels of the breakthrough announcement in Vienna.

    He emphasized that the lifting of sanctions imposed on Iran over the past decades meant more opportunities for Austrian business.

    "There is a chance to boost cooperation after the end of sanctions. This agreement is the basis for ending the sanctions, and so there is a broad range of opportunities for Austrian companies," he told Sputnik.

    Austrian President Heinz Fischer and Foreign Minister Sebastian Kurz plan to travel to the Iranian capital of Tehran in two months, following the agreement on Iran’s nuclear program.

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    Iran's Nuclear Program Amid Western Sanctions (551)

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    business, sanctions, Iran's Nuclear Program, P5+1, Sebastian Kurz, Iran, Austria
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