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Iran, Finland in talks to resume banking ties

Business Materials 14 May 2016 17:10 (UTC +04:00)

Baku, Azerbaijan, May 14

By Fatih Karimov - Trend:

Iran and Finland are reviewing the issue of resuming banking ties, Finnish Ambassador to Tehran Harri Kamarainen said, IRNA news agency reported May 14.

The issue is under study at the level of foreign ministers, he said, adding the two parties will resume the banking cooperation in the near future.

He further said that Helsinki is willing to expand economic and trade ties with Tehran.

Finland's ambassador pointed to his country's products such as elevators, diesel engines and Nokia mobile phones, and said that Finland's products are exported to 120 countries and Iran can maintain trade ties with Finland in these sectors.

Heading a 100-member delegation, representing 70 companies in the sector of industry, environment, health, forestry and education, Finland's Foreign Trade Minister Lenita Toivakka visited Tehran last December and discussed boosting mutual ties in post-sanctions period with Iranian officials.

Iranian Foreign Minister Mohammad Javad Zarif is scheduled to visit Helsinki this month for strengthening relations and boosting international and regional cooperation.

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