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Iran sets condition for cooperation with Germany

Business Materials 12 November 2015 08:06 (UTC +04:00)
Transferring modern technologies to Iran is the condition set by Tehran if German companies hope to participate in Iranian water and wastewater projects, according to Sattar Mahmoudi, the Islamic Republic’s deputy minister of energy.
Iran sets condition for cooperation with Germany

Baku, Azerbaijan, Nov. 12

By Umid Niayesh- Trend:

Transferring modern technologies to Iran is the condition set by Tehran if German companies hope to participate in Iranian water and wastewater projects, according to Sattar Mahmoudi, the Islamic Republic's deputy minister of energy.

He underlined that transferring new technologies to Iran could lead to discovering new regional markets which work to the advantage of both countries, the Iranian IRNA news agency reported.

Mahmoudi made his remarks during a joint workshop held for Iranian and German companies that are active in the water and wastewater sector in Tehran.

He also referred to German companies as reliable partners.

"Our experience has shown that Germans are reliable partners who are looking to transfer technical information at all times," Mahmoudi said, adding that the two countries enjoy sustainable partnerships.

The development of mutual partnerships could pave the way for both countries to develop access to third markets, he added.

Germany was the 14th leading importer of Iranian non-oil goods in the previous Iranian calendar year, which ended on March 20, 2015, according to the Iran Customs Administration.

Iran exported $354.17 million of non-oil goods to Germany and imported $2.33 billion of non-oil goods from the country.

Follow the author on Twitter: @UmidNiayesh

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