Tag Archives | Germany

€3bn Siemens Credit Line on the way

By John Lee. Germany’s Siemens is reported to be preparing to provide 3 billion euros in financing for rail and power projects in Iran. Deputy Minister of Road and Urban Development for International Affairs, Asghar Fakhriyeh-Kashan, said on Tuesday: “Through financing a number of construction projects, Siemens plans to enter into a joint venture with […]

Iran Eyes Petchem Deals with Int’l Majors Soon

A senior Iranian petroleum official says the country is about to sign several deals with international companies for developing petrochemical projects. Following a meeting with executives from Germany’s industrial gases company Linde, Amir Hossein Zamaninia, deputy petroleum minister in international affairs and trading, underlined the “very favorable” progress made in talks with leading international companies […]

Iran, Germany Discuss Closer Cooperation in Transport

High-ranking officials from Iran and Germany held talks on ways to boost cooperation between the two countries in various fields, including rail and sea transport. Iran’s Minister of Road and Urban Development Abbas Akhoundi, who is on an official visit to Germany, attended meetings of the joint working groups of the two countries on rail […]

Europe needs Long-Term Vision for Iran Trade

By Alireza Ramezani for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Europe must adopt Long-Term Vision for Trade with Iran Business is increasingly intermixed with politics in Iran’s relations with the world — to the potential detriment to both. For instance, recent developments in bilateral ties […]

Iran “Illegally Seeking Weapons Tech” from German Firms

By John Lee. Iran is reportedly targeting German companies in a bid to advance its missile program, in possible violation of an international agreement. Refering to a recent report from a German intelligence agency, Fox News says that Iran is actively seeking “products and scientific know-how for the field of developing weapons of mass destruction […]

Qeshm Airlines Adds European Routes

By John Lee. Iran’s Qeshm Airlines has commenced direct flights between Tehran and Brussels. Starting on Tuesday 27th June, the airline will fly every Tuesday, landing at Brussels Airport at 9:10 am and departing for Iran 2 hours later. The route will be served by a 132 seat Airbus A319. From 14th July, the airline is […]

Iran, Germany to Broaden Banking Cooperation

By John Lee. Foreign Minister Mohammad-Javad Zarif and German Finance Minister Wolfgang Schäuble have met in Berlin to discuss the expansion of banking cooperation between the countries. Schäuble welcomed banking cooperation between Tehran and Berlin, and said German banks are ready to upgrade cooperation with Iran. (Source: Ministry of Foreign Affairs, IRNA)

Iran a Reliable Trade Partner for Germany: FM Zarif

Iranian Foreign Minister Mohammad Javad Zarif described the Islamic Republic as a “reliable trade partner” for Germany, stressing that the time is ripe for enhanced economic cooperation between Tehran and Berlin. “Now is the time for Iran and Germany to promote their economic cooperation,” Zarif said in a meeting with German Economy Minister Brigitte Zypries […]

Germany’s Hermes to Guarantee Iranian Investments

By John Lee. Germany’s Hermes Insurance has reportedly said it is willing to provide insurance coverage for investment projects in Iran, especially in the energy and power sectors. According to Mehr News Agency, the announcement was made at a joint meeting between Iran’s Foreign Minister Mohammad Javad Zarif and German Minister for Economics and Energy […]

Wintershall, Gazprom eyeing Iran Partnership

Germany’s biggest oil and gas company Wintershall says it is looking into a plan to collaborate with Russia’s energy giant Gazprom over projects in Iran. The announcement was made by Thilo Wieland, a member of Wintershall board responsible for exploration and production in Russia, Libya, South America. “Our partnership with Gazprom is based on trust, […]