The outgoing Australian ambassador to Iran said his country's private companies are making efforts to work with Iranian firms. "This is why a trade office was established at the Australian Embassy [in May]," Paul Foley said in a meeting with Morteza Sarmadi, a deputy foreign minister, ISNA reported. Praising the nuclear deal between Iran and world powers that resolved a 12-year dispute, Foley said obstacles to Iran's cooperation with major international banks will be "gradually" removed. Sarmadi said Iran is still waiting to benefit from the full economic fruits of the nuclear pact signed on July 14, 2015.