Baku, Azerbaijan, Feb.16
By Fatih Karimov - Trend:
A delegation of industrial and trade entities from Germany will travel to Iran on February 22, IRIB reported on February 16.
The delegation will be comprised of officials in the fields of energy, food, engineering, steel, telecommunications, construction, agriculture, and medical treatment industries.
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, said that the recent decline in the Iran-Germany trade is unfortunate and Germany is displeased with the issue.
The international sanctions on Iran have impeded trade between the two countries, he noted.
Germany is reportedly the European Union's biggest exporter of goods to Iran, well ahead of Italy and France.
Despite US-led sanctions, business ties between Germany and Iran remain strong. German firms continue to engage in brisk trade with Iran and are finding ways of exporting goods to the country, Press TV reported.
Major imports and exports between the two nations include oil, Machinery and Pharmaceuticals. The volume of trade is around 2.8 billion euros. But that figure could easily go up in the next six months. And the German Iranian Chamber of Commerce is more than any other entity positive about that.