November 11- IFIF public relation- Head of chamber of Austria`s Vorarlberg State said that Austrian banks must open branches in Iran soon and they are willing for active presence in Iran.

The official travelled to Iran aimed to take part a conference of Iran-Austria trade cooperation which was held in Tehran on November 7 and underlined the existence of some agreements for protecting joint investments between two countries.

Switzerland, Germany and Lichtenstein are the neighbors of Austrian State of Vorarlberg and this state can effect on Iran`s development due to its high quality products.