Tehran, Iran, May 9
By Mehdi Sepahvand, Temkin Jafarov - Trend:
Trade official says a new dawn is beginning for Iran, especially in the economic sector, as hopes are high that international sanctions on the Islamic Republic are going to be removed.
"It is the first time in a long time there's hope," David Stephen, head of the Oil and Gas Offshore Division of Iran Europe industrial and trading group told Trend May 7 on the sidelines of the Iran Oil Show 2015 in Tehran.
"Iran is the future for many foreign companies," said Stephen who is responsible for bringing many European companies to Iran for market exploration in the past 25 years.
"I think the bad days are really behind. I don't see really any negative sides once the sanctions are removed," added Stephen when asked how he sees the future Iranian market.
The German safety equipment company Kito is one of the companies Stephen has led to Iran.
We were in Iran last November holding talks with the NIOC (National Iranian Oil Company) and the Iranian sides were very interested in our products, Kito General Manager Joachim Romeick told Trend.
However, he noted that despite willingness to do business together, his company and the Iranian negotiators were not able to sign a contract as they saw sanctions depriving them of the opportunity.
The sanctions are expected to be removed through a comprehensive deal on Iran's nuclear program.
Iran and the group 5+1 (the US, UK, France, Russia, China, and Germany) are holding talks to reach an agreement by the deadline June 30.