Economy, Domestic Economy

Tehran-Vienna Transport Commission Convenes

Tehran-Vienna Transport Commission Convenes
Tehran-Vienna Transport Commission Convenes

The first meeting of Iran-Austria Transportation Commission has been held in Tehran, the Ministry of Roads and Urban Development reported on its news portal on Tuesday.

Deputy minister, Asghar Fakhrieh Kashan, Austria’s Ambassador to Iran Friedrich Stift and representatives of the European country’s Federal Ministry for Transport, Innovation and Technology attended the event.

“Austria can play an important role as a hub for transport of Iranian goods to Europe,” Kashan said.

“The European country could become a hub for Iranian passengers flying to Europe and Americas.”

Iranians currently fly to Dubai and Istanbul whereby they fly to destinations further afield.

Financing issues and the need to specify a timeframe for the implementation of joint projects were among other topics discussed in the meeting.

Tehran and Vienna are planning to increase annual bilateral trade from the current $220 million to $1 billion.

Representatives of the two countries’ private sectors signed deals worth over $2 billion in Vienna late March.