The Chairman of the Swedish parliament's Foreign Policy Commission said in 2008 that Iran has a right to civilian nuclear technology. He also supported diplomatic means to find a solution to the issue that acceptable to both sides. In 2007, Christofer Gyllenstierna, Swedish Ambassador to Iran, claimed that, because traders and businessmen ultimately make investment decisions in Sweden, economic sanctions will not affect Sweden's trade with Iran. In February 2009, Greece, Cyprus, Spain, Austria and Sweden opposed a list of additional stricter sanctions proposed by the EU3 against the Islamic Republic.
In July 2009, Swedish Foreign Minister Carl Bildt insisted that dialogue is the only solution to the Iranian nuclear situation, saying that the European parliament faced difficult choices when world powers restarted talks with Tehran to halt Iranian uranium enrichment in exchange for political and economic incentives.
Christofer Gyllenstierna, Sweden's Ambassador to Iran, said at a symposium in Tehran in 2007 that Sweden has potential markets in Iran. He also said that Iran's capabilities and possibilities have attracted the attention of Swedish businesses. He claimed Sweden planned on increasing mutual trade cooperation with Iran. In 2003, Sweden and Iran signed a Memorandum of Understand (MoU), in which Sweden recommended Iran be given membership in the World Trade Organization (WTO) and, in turn, Sweden would implement industrial, mining, and telecommunication projects inside Iran. Since the UN Security Council and the European Union began imposing stricter sanctions, however, Swedish–Iranian bilateral trade has declined. Bilateral trade between the two reached only $500 million in 2007. However Swedish companies such as Stockholm Chartering AB have been reported to have found innovative means to skirt EU sanctions on Iran.