Foreign Minister Avigdor Lieberman, met Wednesday afternoon in Vienna with Austrian Foreign Minister Michael Spindelegger. During the meeting the two ministers discussed Iran and Minister Lieberman raised the issue of Austrian trade with the Iranian regime.

In 2007, Austrian oil company OMV signed a 22 billion Euro agreement to produce liquefied natural gas from Iran's South Pars gas field. Meanwhile Austria's third-largest bank, Raiffeisen Zentralbank, remains active in Iran and has absorbed the transactions of other major European banks that have shut down their operations.