Iranian traders to visit Germany on April 13

Business Materials 22 February 2014 16:53 (UTC +04:00)

Baku, Azerbaijan, Feb.22

By Fatih Karimov - Trend: Chairman of Iran's Chamber of Commerce, heading a delegation of traders and businessmen, will travel to Germany on April 13, the Mehr News Agency reported on February 22.

In a meeting between the Chairman of Iran's Chamber of Commerce Gholamhossein Shafei and an industrial delegation from Germany in Tehran, Shafei said Iran is ready to resume economic cooperation with Germany.

In this line, a delegation of Iranian traders and industrialists will travel to Germany. The two sides have been cooperating in different fields, such as telecommunications, electronics, petrochemicals, and car industries, Shafei said.

On January 14, 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 decline in the Iran-Germany trade in recent years is unfortunate and Germany is displeased with the issue.

The international sanctions on Iran have impeded trade between the two countries, the ambassador said.

Germany is reportedly the European Union's biggest exporter of goods to Iran, well ahead of Italy and France.

Despite the U.S.-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.