In a meeting with head of Tehran Chamber of Commerce, Industries and Agriculture Masoud Khansari, he said that Australia pays no attention to the proclaimed restrictions and its trade delegation is planning to visit Tehran.
'Iran and Australia are strong in the filed of mineral undertakings and the area is able to have numerous exchanges,' he said.
Earlier, many Australian companies operated in Iran but they shrank their activities due to severe sanctions and eventually they completely halted their work, he said.
According to Foley, Australian firms are eager to return to Iran.
The Australian envoy also said that his country is ready for cooperation with Iran in various sectors such as agriculture, education, mines and mining industries, oil, gas and service relating to the industries.
Canberra is interested to see the country's economic activists visit Tehran to sit for talks with their commercial partners, Foley said.