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Iran to promote trade with Germany

Business Materials 30 May 2022 13:55 (UTC +04:00)
Iran to promote trade with Germany

TEHRAN, Iran, May 30. Iranian manufacturers and businessmen have negotiated with 75 German companies to expand economic ties between the two countries, said the advisor to Iran’s Trade Promotion Organization Hadi Seyyedi, Trend reports citing IRNA.

"The organization has announced that the negotiations resulted in the signing of several agreements," he said.

Seyyedi noted that Trade Promotion Organization has started cooperation with the International Trade Center, ITC.

According to the official, the cooperation is aimed at supporting Small and medium-sized enterprises (SMEs) so that they can make inroads in the European market.

Iran has increased the export of industrial – mineral products to Germany while it has imported inputs via a German company.

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