Iran-Austria Relations

Oberbank, one of Austria's biggest banks, has allocated a €1 billion ($1.2 billion) line of credit to finance investment projects in Iran, Austria's finance minister announced…

Trade between Iran and Austria stood at more than €377 million in 2016, indicating a 42.7% increase compared with 2015, Tehran Chamber of Commerce, Industries, Mines and Agriculture reported,…

Iran-Austria trade stood at $377 million in 2016, but it will soon increase to reach the highs before international sanctions hit the Islamic Republic.

This optimistic note was sounded by…

The Organization for Economic Cooperation and Development should upgrade Iran’s risk classification in view of the country’s current economic situation, said the CEO of Austria’s Oberbank.

Austria’s export credit agency, OeKB, will probably start covering trade with Iran from early 2017, said Christian Benger, the economy minister of the government of Carinthia. OeKB raised the cap…