Iran Eager to Work with German Entrepreneurs

An Iranian minister expressed the country’s willingness to develop a close partnership with German entrepreneurs and industry leaders.

In a meeting with a group of German business people in Tehran on Monday, Iranian Minister of Cooperative, Labor and Welfare Ali Rabiee said Iran is ready for trade interaction with German entrepreneurs and industry owners.

Highlighting the sustainable security for foreign investors in Iran, the minister said foreigners can use the country’s market to have access to a target population of 300 million in the region.

Diplomatic and trade relations between Iran and European countries, Germany in particular, have improved greatly since the 2015 nuclear deal between Tehran and world powers, known as the Joint Comprehensive Plan of Action (JCPOA), came into force in January 2016.

In June, Iranian Foreign Minister Mohammad Javad Zarif paid a visit to Berlin and held talks with senior German officials on bilateral relations and regional and international developments.

Also earlier this month, Iranian automaker Iran Khodro Company (IKCO) and the German giant Mercedes-Benz signed a contract to launch a joint venture.

(Source: Tasnim, under Creative Commons licence)

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