News ID: 208029
Published: 0315 GMT January 12, 2018

Switzerland favors good banking ties with Iran: Envoy

Switzerland favors good banking ties with Iran: Envoy

The Swiss new ambassador to Iran expressed interest in promoting banking cooperation with the Islamic Republic, adding that his country favors good collaboration with Iran in banking and fighting money laundering.

According to IRNA, Markus Leitner sadi in a meeting with Iran's Finance Minister Masoud Karbasian in Tehran, "Like my predecessor, I am a graduate of economy and this reveals my country's serious attention to boosting economic relations with Iran."

Karbasian commented on the steps taken by the Iranian government in line with its 'Economy of Resistance' policy which is based on five pivotal issues including development of regional and global interaction, supporting domestic educated workforce, knowledge-based economy, upholding justice, fighting corruption and money laundering and economic transparency.

Promoting economic growth rate to six percent in 2016 from previous minus seven, lowering inflation rate to nine percent from 30 percent and reducing share of oil revenues in the upcoming year's budget from 65 percent to 30 percent are among the economic achievements of the 11th and 12th governments, he said.

The minister hoped that his country would maintain the rising trend of economic growth in cooperation with its European friends, especially Switzerland, in various fields such investment and banking cooperation.

Describing the Swiss president's visit to Tehran two years ago as a turning point in bilateral ties, he welcomed an upcoming visit to Iran by a Swiss trade and investment delegation, hoping that such exchanges would pave the way for further development of bilateral ties.

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