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Official: Germany to Improve Trade Ties with Iran Regardless of Tehran-G5+1 Talks

  2/26/2014
Summary:Germany will continue consolidation of trade relations with Iran irrespective of the results of the talks underway between Tehran and the Group 5+1 (the US, Russia, China, Britain and France plus Germany), a German official stressed on Tuesday.

“Whatever the results of the negotiations between Iran and the G5+1, we will have trade ties with Iran since we are fully ready for good cooperation with Iran’s trade centers,” the Chairman of the Chamber of Commerce of Germany’s Northwestern city of Hanover, Horst Schrage, told FNA in Iran’s Central city of Isfahan on Tuesday.

Asked about the goal of his trip to Isfahan city at the head of a trade delegation, he said, “We wanted to say that we are interested in the development of relations between Iran and Germany and do not have any concern for the sanctions and the political issues.”

Schrage stressed the necessity for identifying cost-effective projects for Iran and Germany partnership, and said the economic relations between Isfahan and Hanover cities should be defined in a way that they could affect ties between the two countries in other fields.

Earlier today officials of Isfahan and Hanover's chambers of commerce conferred on ways to further increase cooperation between the two sides.

The meeting was held in Isfahan city on Tuesday and in the presence of the members of the two cities’ Chambers of Commerce and other officials of the two cities.

The members of Hanover’s Chamber of Commerce underlined their intention to further study cooperation potentials of Iran and Germany during their trip to Isfahan and improve the relations between the two countries.

They discussed the two countries’ cooperation in electronics, food industry, engineering, water and sewage, steel production, construction, telecommunication, agricultural, medical and chemicals fields.

Prior to the meeting, Iranian President's Chief of Staff Mohammad Nahavandian underlined the country’s determination to expand relations with all European states, specially Germany, and said Berlin will benefit much from trade ties with Tehran.

“It is beneficial to Germany to assume Iran as its powerful trade partner and the Iranian government is resolved to improve relations with all the European countries, specially Germany,” Nahavandian said in a meeting with the German economic and industrial delegation in Tehran on Tuesday.

He stressed that a good climate has been created for cooperation between Iran and Germany and other European countries.

Nahavandian also underscored Iran’s important position in energy supply to Europe and settlement of the regional development as well as the country’s role in establishing peace and stability in the region.

Following the implementation of Geneva nuclear accord struck by Iran and the Group 5+1 (the five permanent UN Security Council members plus Germany) in November 24, the ground has been paved for more participation of the European countries in the Iranian lucrative market. Several European states have so far sent their trade delegations to Iran to study chances for widening trade ties and exchanges with Tehran, while more EU member states are preparing to send similar delegations to the Islamic Republic.

The largest of such delegations comprised of 141 French businessmen and traders who stayed in Tehran for several days earlier this month.

Also Monday reports said that the US aerospace companies are seeking permission to sell airliner parts to Iran for the first time in three decades.

At least two leading manufacturers, Boeing (BA.N) and engine maker General Electric (GE)(GE.N), have applied for export licenses in a six-month window agreed by Iran and the six world powers in November, industry officials and other sources familiar with the matter said.

If approved, the sales would be the first acknowledged dealings between the US aerospace companies and Iran since the 1979 US hostage crisis led to sanctions that were later broadened during the dispute over Iran's nuclear activities.

Also earlier reports in November said that the US oil giants are keen to get into the Iranian oil and gas sector before big European oil companies like French Total S.A. and Royal Dutch grab the chance.

The French Le Figaro also reported that General Motors Co. is planning to cooperate with Iranian vehicle manufacturer Iran Khodro Co. (IKCO).


Tags:G G5+1 Germany iran News 




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