Rouhani: Italy has a chance to become Iran's main European trade partner again

Rouhani made the remarks in a meeting with Italian Prime Minister Matteo Renzi on the sidelines on the 71st UN General Assembly in New York. 

Underlining the role of private sectors of the two countries to upgrade the economic relations between Tehran and Rome, Rouhani said that the Iranian and Italian private sectors has to be encouraged to develop ties. 

President Rouhani recalled the nuclear deal reached between Iran and the six world powers last year, saying that the Iranian and Italian nations and companies have to be able to benefit from the nuclear deal. 

He said that the European leaders must give the necessary guarantees to the banks and insurance companies to develop financial cooperation with Iran. 

The Italian prime minister, for his part, said that his country is enthusiastically looking for expansion of relations with Tehran. 

He said that a top-ranking Italian delegation is scheduled to visit Iran in the next five months and that the Italian SACE Insurance Group is ready to provide Iran with trade guarantees. 

Renzi reiterated Italy's commitment to Iran nuclear deal, saying Rome will do whatever it can to help implement the deal. 

He said that Italy is ready to cooperate with Iran on regional and international issues.