"During the trip, a Memorandum of Understanding (MoU) will be signed by the two countries on joint cooperation in investment," Asselborn said in a meeting with his Iranian counterpart Mohammad Javad Zarif in Tehran on Monday.
He also stressed his country's interest in signing a double taxation avoidance agreement with Iran and start of negotiations to cooperate in air transportation.
Asselborn called for further mutual cooperation in economic, IT, banking and data processing arenas.
Zarif, for his part, underscored Iran's determination to cooperate and develop relations with all EU members, specially in banking ties and transactions, with Luxemburg.
In relevant remarks in 2016, Luxemburg Parliament Speaker Mars Di Bartolomeo stressed his country's deep interest to use the opportunity created by the nuclear deal and removal of sanctions against Iran to expand relations and cooperation with the oil-rich country.
"The nuclear agreement opened wide gates to us that we should go through since they will remain open forever and we should use the created opportunity properly," Di Bartolomeo said in a joint press conference with his Iranian counterpart Ali Larijani in Tehran.
He also underlined Iran's key role in the region, and said, "The country makes abundant efforts to establish peace and security in the region."
Di Bartolomeo underlined the necessity for all countries and big powers to cooperate with Iran to help it materialize its goal of regional peace and stability
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