EghtesadOnline: Iran’s exports to European Union have increased 500% to reach € 3.4b in the first 4 months of 2017 compared to the same period in 2016.

EghtesadOnline: Iran produces about 4 million barrels oil per day, half of which is exported to European countries, an official said.

EghtesadOnline: We have developed the ability to export 500,000 tons of pig iron to the European countries given the market situation, said the Managing Director of Isfahan Steel Company (ISCO).

EghtesadOnline: Foreign Minister Mohammad Javad Zarif said on Saturday that Iran is trying to remove banking obstacles and develop economic and financial relations with the European countries, including Portugal.

EghtesadOnline: Luxembourg’s Foreign Minister Jean Asselborn said European countries intend to develop wide-ranging economic cooperation with Iran and increase investment in its infrastructures to secure a “long-term” and “robust” partnership.

EghtesadOnline: Very good conditions have been prepared in the post-JCPOA era for European countries to be present and compete in Iranian economic field.