Baku, Azerbaijan, April 9
By Fatih Karimov - Trend: The Iranian industry minister invited German investors to participate in Iran's economic projects.
Mohammad Reza Nematzadeh, who leads an economic delegation to Germany, urged German investors to benefit from opportunities which have been created after the Geneva agreement between Iran and the P5+1, Iran's IRNA news agency reported on April 9.
After the Geneva agreement, French, Italian, Austrian, and German companies started a competition to reenter the Iranian market, he added.
Annual trade between Iran and Germany has not ever dropped to below $3 billion, even under the international sanctions, Nematzadeh said.
On January 14, chairman of Iranian chamber of commerce Gholamhossein Shafei said expansion of trade ties between Iran and Germany will lead to sustainable political relations between the two countries.
Shafei made the statement in a meeting with German Ambassador to Iran Michael Freiherr von Ungern-Sternberg in Tehran.
The German ambassador, for his part, stated that it is very unfortunate that Iran-Germany economic and trade ties have declined in the past years, and that Germans are unsatisfied with the fact.
In a meeting with Iran's President Hassan Rouhani on October 7, 2013, Freiherr von Ungern said that his country attaches great importance to economic relations with Iran.
Edited by C.N.