Finland Toughens Trade Line on Iran

10.03.2010 19:32

Paavo Väyrynen

Image: YLE

Paavo Väyrynen

Finland is tightening its policy on trade with Iran. Minister for Foreign Trade and Development Paavo Väyrynen said a tougher line would be taken on the granting of export licenses from Finland in line with similar measures taken by other members of the international community.

Global efforts are underway to isolate Iran by hampering trade relations as the country is suspected of developing its own nuclear weapons programme.

Väyrynen said Finland’s decision was in line with that of other EU members.

He added Finnish firms were granted a total of 75 export licenses to Iran during the past two years. Around ten applications had been rejected.

Two Finnish companies were on a list of companies published on Monday by The New York Times that had engaged in trade with both the United States and Iran.

Väyrynen emphasized the publicised sales by Nokia Siemens Networks to Iran had no connection to Finnish officials. The deal had taken place in Germany, he noted.YLE

home / news /

Similar stories:

[16.7.2010 11:05] Trade Minister: Foodstuffs Dispute Not Political
[14.7.2010 14:48] Every Fifth Finn Would Cut Down Development Aid
[14.7.2010 07:18] Väyrynen to Switch Electoral Districts
[5.7.2010 16:10] Israeli Foreign Minister to Come to Finland
[16.6.2010 14:34] Finnish Aid for Kyrgyzstan