Swiss Companies Vying for Investment in Iran

In a meeting with an Iranian vice president, Markus Leitner said Swiss companies seek to invest in Iran.

He also called for the removal of customs-related obstacles to promote trade with the Islamic Republic.

In spite of the US sanctions, several Swiss companies are willing to make an investment in Iran, Leitner added.

For his part, the Iranian vice president, Mohammad Baqer Nobakht, hailed the recent negotiations between the presidents of the two countries as a sign of mutual trust.

Nobakht, who is also head of the Plan and Budget Organization, praised Switzerland for maintaining good and logical relations with Iran.

“The sun of sanctions is setting and the sun of cooperation is rising,” he added, hoping for broadened cooperation between Tehran and Bern.

In a telephone conversation with his Swiss counterpart last week, Iranian President Hassan Rouhani hailed the historical and deep ties between the two states, stressing that it is necessary to develop and deepen the relations within the framework of a joint cooperation roadmap.