The Austrian government plans to set up joint ventures with Iran in the industrial and mineral sectors, a senior Austrian official said in a report.

Economy minister of the Austrian Federal Government Petra Bohuslav made the remarks in a meeting with members of the Tehran Chamber of Commerce, Industries, Mines and Agriculture, added the Iran Daily News report.

She said that there are thousands of companies in Austria, including those in the industrial machinery and environmental technologies, seeking to do business with their Iranian counterparts.

Her remarks follow the signing of deals worth over $2 billion in Vienna between private Iranian and Austrian companies, said the report.

The April cooperation agreement includes eight documents in the fields of automobile, steel, medicine and engineering services, added the report.