Germany keen on cooperation with Iran in auto, medical equipment
Baku, Azerbaijan, Sept. 7
By Khalid Kazimov -- Trend:
Nils Schmid, minister of finance and economic affairs of Germany's Baden-Württemberg State, has expressed willingness on behalf of German companies to cooperate with Iran in industries such as automobile and medical equipment.
He made the remarks in a meeting with Iranian Minister of Industry, Mine, and Trade Mohammad Reza Nematzadeh, Mehr news agency reported September 7.
Schmid pointed out that there are many small and mid-size companies in Germany willing to work with Iranian counterparts.
Nematzadeh for his part said there exist many grounds for cooperation, but stressed that the areas should be well defined first.
He said there are powerful Iranian companies in the private sector and the government is taking measures to improve the private sector but banking obstacles hindering Iran-Germany cooperation must be lifted as an initial step.
Schmid is in Tehran leading an economic delegation of 60 to seek economic cooperation opportunities in Iran.
On a related front, the media has also quoted officials in Tehran saying that two more trade delegations will arrive in Iran within the next 20 days. The delegations will come from Germany's other states and the objectives of their visits will be to study the potentials for investments in various Iranian enterprises.
Edited by CN