Tehran, Iran, Sept. 30
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An Iranian deputy minister said the country is in negotiations with Germany and Austria to strengthen small and medium-sized enterprises (SMEs) and increase its exports.
“Plans are underway to prop up small and medium-sized enterprises and boost the country’s exports,” Sadeq Najafi, who doubles as Director General of Iran Small Industries and Industrial Parks Organization, said, ISNA reported on September 30.
To that end, we are in talks with South Korea and Japan as well as Germany and Austria, he added.
We have signed agreements with these countries in the fields of technology transfer, education, research and development to improve the performance of small business and enterprises, Najafi said.
“SMEs can help Iran in the era of sanctions,” he said.
The sanctions are due to be re-imposed on Iran's oil industry on November 4. The move comes after US President Donald Trump decided to withdraw his country from the 2015 nuclear deal in May.
The US has said that countries or companies that conduct transactions with Iran are liable to face secondary sanctions.