President Hassan Rouhani stressed the need to tap into the high potential for promoting Iranian-Thai relations.
"Longstanding bilateral relations have been founded on friendship and closeness between the two nations. There has been a constant trend of cooperation and trade between the two countries' investors and businessmen despite problems posed by economic sanctions," he said in a meeting with visiting Thai Foreign Minister Don Pramudwinai on Sunday.
"Now that sanctions have been lifted, conditions are favorable for raising the level of Tehran-Bangkok trade."
Rouhani highlighted frequent visits by Thai delegations to Tehran in recent months, saying it reflects a strong mutual will to expand cooperation, president.ir reported.
"Relations between the Islamic Republic of Iran and Thailand will not be confined to economic cooperation and we like to see improved collaboration in a variety of other domains, including culture, higher education and tourism as well," he said.
Pramudwinai praised Rouhani's role in managing the negotiations between Iran and major powers that led to the July 14 nuclear deal, saying, "I am confident that the Islamic Republic of Iran will … emerge as an economic power in the near future."
The deal entered its implementation phase earlier this month to provide for sanctions relief in return for time-bound curbs on Tehran's nuclear program.
Pramudwinai said a Thai delegation consisting of six ministers led by a deputy prime minister will soon travel to Iran. He also met his Iranian counterpart Mohammad Javad Zarif earlier in the day.
Zarif said the lucrative Iranian market offers ample investment opportunities for Thai businessmen.
