October 27, IFIF public relation- Iran Ambassador to Madrid Mohammad Hassan Fadaeefard called for expanding banking relations with Spain to develop trade cooperation with Spanish companies.

Fadaeefard said that during the sanction the economic relation between Iran and Spain has reduced but the grounds of cooperation including gas, oil and petrochemical have been prepared following removal of sanction.

Iran will prioritize the companies willing to transfer capital and technical know-how to Iran rather than purchasing goods from European companies, he added.

Spain's Minister of Economy and Knowledge of the Government of Andalusia Antonio Ramirez encouraged Spanish businessmen to help and bolster cooperation with Iran after the nuclear deal.