Iran and Germany have maintained close commercial ties for decades. However, with the imposition of anti-Iran sanctions, China and several other countries to overtook Germany in the Iranian market. The lifting of sanctions in January 2016 which followed last year’s nuclear deal between Tehran and the major world powers provided a much-needed fillip for the…
The head of Germany-Iran Chamber reported the signing of an automanufacturing contract between Germany and Iran to develop export hub in the region. Omid Yaraghi touched upon coming of large German companies to Iran, saying a number of major German companies have begun talks with Iran. “The initial studies were done and so far large…
A total of ten documents and agreements for joint cooperation were signed between Iran and Germany on Monday in Tehran. The deals were sealed during the fifth Iran-Germany Joint Commission on Economic Cooperation on October 03 in the presence of German Vice Chancellor and Economy Minister Sigmar Gabriel and Iranian Minister of Economic Affairs Ali…
Iran says Germany is preparing to implement an action plan to invest €3 billion in different industries of the Islamic Republic. Ali Majedi, Iran’s ambassador to Germany, said the investments will be made through a consortium comprising six German banks. Majedi emphasized that the related agreements for this will be signed during the visit to…
Germany and Iran have signed a range of business deals in what is expected to take economic relations between the two countries to a new level. The German Economy Ministry announced in a statement that several Mittelstand firms, the small-to-medium-sized companies that form the backbone of the economy, had signed the deals with their Iranian…
