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                                        Volume. 12143

Germany keen to expand economic ties with Iran: MP
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TEHRAN - German Bundestag Committee for Economic Affairs and Energy Chairman Peter Ramsauer says his country is keen to enhance its relations with Iran, especially bilateral economic ties, the IRNA news agency reported on Saturday. 
 
In a meeting in Germany with Iranian MP Gholam-Reza Mesbahi-Moghadam, who is the chairman of the Iranian Parliament's Budget and Planning Committee, Ramsauer called Iran an important country in the region and in the world, as well, adding that the expansion of bilateral ties between Iran and Germany could play a significant role in the two countries’ economic prosperity. 
 
As Germany’s parliament, the German Bundestag stands at the center of the country’s political life and is its supreme democratic organ of state.
 
Germany was the 11th biggest trading partner of Iran in the past Iranian calendar year, which ended on March 20, 2014, according to the Iranian Customs Administration.
 
Iran exported $335.2 million worth of goods to Germany and imported $3.855 billion worth of goods from the European country.
 
On May 3, Behrouz Alishiri, the head of Iran’s Organization for Investment and Economic and Technical Assistance, said that there are no limitations on German banks opening branches and offices in Iran.
 
There are no restrictions for foreign investment in the country. Foreign investors can participate in the implementation of economic projects in Iran and benefit from the same advantages and privileges of Iranian investors, he explained.
 
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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