Swedish companies interested to invest in Iran

Business Materials 4 May 2021 17:29 (UTC +04:00)

TEHRAN, Iran, May.4


Most Swedish companies that have worked in Iran, have strongly expressed interest to return, if sanctions on Iran are lifted, said the Head of Iran-Sweden Joint Chamber of Commerce Abdolreza Rezaei Hanjani, Trend reports via ILNA.

"Swedish companies have good opinion about our market and are currently following the Vienna negotiations, so hopefully if the sanctions are lifted, they will come back to Iran,"

for sanctions being lifted to enter Iran's market," said Hanjani.

"The Swedes have always been a good trade partner for Iran. Our import from Sweden is technologic commodities that helped our industry," said the official

"There were perhaps small problems between businessmen of the two countries that were solved by the ruling of the joint Chamber of Commerce. Even during sanctions there was no significant problem with Sweden, for example Iran has no blocked resources in this country," he said.

"Swedes were always interested in cooperation with us and now Swedish companies are ready to work with Iran but due to sanctions and since they have so much interest (in trade with) the US, they were forced to reduce their activities in Iran," he said.

"During previous sanctions, Sweden has never left Iran despite other European countries but this time due to pressures they did leave, but in a way that they would have a chance to return immediately, if sanctions are lifted," he said.

"Iran's trade with Sweden has declined in the last Iranian year (started March 20,2020). The trade volume in 2017 was around €496 million that declined €100 million after sanctions in 2018 to €396 million," he said.