Volume. 11958

Iran offers €3.7b worth of projects to German investors
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TEHRAN - Iranian Mines and Mining Industries Development and Renovation, known as IMIDRO, has offered €$3.7 billion worth of projects to German investors.
Thirteen projects related to different sectors of the mining industry were introduced to German investors in Iranian-German Business Conference, which opened in Berlin on April 8, IMIDRO director Mehdi Karbasian said.
High ranking Iranian and German economic officials attended the conference, aiming to explore ways to boost bilateral ties.  
Iranian Industry, Mines, and Trade Minister Mohammad Reza Nematzadeh led the delegation which was comprised of the director of the Trade Promotion Organization of Iran, three deputy ministers, as well as 10 managers of key Iranian industrial enterprises.
The conference was also attended by more than 300 managers of large German companies and economic enterprises, IRNA reported on Wednesday.
NUMOV, the German Near and Middle East Association, which is Germany's oldest and largest non-profit and independent service provider for the Near and Middle East region, organized the event.
On January 14, chairman of Iranian chamber of commerce Gholamhossein Shafei said expansion of trade ties between Iran and Germany will lead to sustainable political relations between the two countries.
Shafei made the statement in a meeting with German Ambassador to Iran Michael Freiherr von Ungern-Sternberg in Tehran.
The German ambassador, for his part, stated that it is very unfortunate that Iran-Germany economic and trade ties have declined in the past years, and that Germans are unsatisfied with the fact. 
In a meeting with Iran’s President Hassan Rouhani on October 7, 2013, Freiherr von Ungern said that his country attaches great importance to economic relations with Iran.

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Last Updated on 12 April 2014 12:54