Official: Foreign firms’ current cooperation to determine long-term ties with Iran
Iran will decide about its relations with major foreign firms in the long run, based on and proportion to their present level of interactions and cooperation with the Islamic Republic.
Iran’s economy has high capacities, Iran’s Vice President for Economic Affairs Mohammad Nahavandian told IRNA, urging major foreign companies to make optimum use of this opportunity under the present circumstances.
Iran is monitoring major foreign companies’ present method and level of interactions and cooperation with domestic firms, he said, adding the way they are currently collaborating with Iran will undoubtedly impact Iran’s economic relations with them in the long run.
Nahavandian called on major foreign firms, as Iran’s economic partners, to resolutely announce their decision about continuing cooperation with Iran.
“Based on economic wisdom and logic, foreign companies should not sever relations with the Iranian economy in the long term.”
Under the present circumstances, he said, these firms should increase trade ties with Iran to be able to use the country’s high capacities in the region.
Foreign companies currently active in Iran are required to prove their sincerity to their domestic and foreign counterparts at the present tough time and continue strong cooperation with Iran, Nahavandian noted.
Iran signed the Joint Comprehensive Plan of Action with P5+1 (the UK, France, the US, Russia, China plus Germany) in the Austrian capital of Vienna on July 14, 2015.
On May 8, US President Donald Trump announced that Washington would pull out of the Iran nuclear deal and re-impose sanctions on Tehran.
This is while most world powers, including Russia, China, and the European Union have repeatedly stressed that preserving the deal is in the interest of the world peace and security.