TEHRAN- Head of Compañía Española de Seguros de Crédito a la Exportación (CESCE), translated in English as the Spanish Export Credit Insurance Company, Jaime García-Legaz announced that his company has no restrictions to cooperate with Iran, the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) quoted him as saying on Monday.

In a meeting with ICCIMA Head Gholam-Hossein Shafeie, who paid a visit to Spain leading a trade delegation, García-Legaz said: “We have bravely commenced cooperating with Iranians despite the U.S. disagreement, and as of starting our collaboration, regarding the current banking conditions, we have covered €2.7 billion of export credits for Iranians.”

During the meeting, ICCIMA head for his turn, said that under the new conditions, Iranian government has expansion of trade bonds with other countries, specifically European ones, on its agenda and accordingly, the Iranian private sector has started its activities in this regard.

The visiting Iranian delegation had also a meeting with head of SERCOBE- the Spanish Association of Manufacturers of Capital Goods- Francisco Piqueras, where Shafeie named oil, petrochemicals, renewable energies, agriculture, auto industry, auto part manufacturing, industrial machineries, and banking sector as the proper fields for expansion of bilateral ties between the two countries.

During the meeting, Piqueras said that his company considers its cooperation with Iranian companies as a positive point in its portfolio and demands development of ties in various fields with Iran.

Meanwhile, Iran-Spain Business Forum was held in Madrid in the presence of Shafeie and President of Chamber of Commerce of Spain José Luis Bonet, where Shafeie underlined the significance of boosting bilateral investment ties.

HJ/MA