DAVOS, January 23, 14:57 /ITAR-TASS/. The Geneva agreement will help normalize relations between Iran and Europe, Iranian President Hassan Rouhani said at the World Economic Forum currently underway in Davos.

“In the past we maintained good relations with European countries. After the Geneva agreement is implemented relations between Iran and Europe will normalize,” the Iranian president said.

“Any economic sanctions will only exacerbate the problem and not help solve it,” Rouhani said, adding “Iran will have an attractive investment model by September to conclude oil contracts."