Germanys new measures to restrict business ties with Iran will mostly harm companies and exporters in the European country, according to analyses and expert opinions published in Iranian media reports. Figures by Irans official IRNA news agency published on Sunday showed that Germanys exports to Iran had accounted for nearly a half of all exports ...

Eurostat, the statistical office of the European Union, in its latest report announced that trade between Iran and the European Union has increased by 34 percent in the first half of the year. The trade between Iran and the 27 members of the European Union in the first half of this year saw a 34 percent boost compared to the same period of the preceding ...

MNA It is predicted that trade volume exchange between Islamic Republic of Iran and Germany will rise by 15% in the coming months. Iran-Germany Chamber of Commerce predicted that bilateral trade volume exchange will register a 15 percent hike in 2020 due to the suitable infrastructures of Iranian financial institutions. According to the Federal ...

Bourse and Bazaar | Esfandyar Batmanghelidj: The Germany foreign ministry announced on Tuesday that INSTEX, the Iran trade mechanism backed by nine European states, has completed its first transaction. "France, Germany and the United Kingdom confirm that INSTEX has successfully concluded its first transaction, facilitating the export of medical ...

Asharq Al-awsat English - German trade with Iran has continued to shrink with Iran due to the crushing economic sanctions imposed by the United States against Tehran. The Federal Ministry of Economic Cooperation and Development said that the government currently only provides guarantees for German firm deals and investments in Iran, worth around ...

Financial Tribune - Iran-Germany Chamber of Industry and Commerce has signed an agreement with Tehran-based IT Guild Organization to help develop information and communication technologies. During a meeting held on Sunday, Hossein Sarafraz, the deputy head of the joint chamber, Ali Azarkar, secretary of IT Guild Organization, and Kamran Khoshi, ...

AP A German business group says German companies trade with Iran has declined sharply as the United States turns up the economic heat on Tehran. Volker Treier, the foreign trade chief of the Association of German Chambers of Commerce and Industry, told news agency dpa in comments published Sunday that German exports to Iran were down 50 percent ...

Reuters - Germany is working on maintaining a legal channel for trade with Iran, a government spokesman said on Monday, after Iran last week eased curbs on its nuclear program and threatened moves that might breach a 2015 international nuclear pact. Along with our E3 partners, were undertaking efforts to keep enabling legitimate trade with Iran,...

IRNA - The co-chair of Iran-Germany Chamber of Commerce Michael Tockuss described trade ties between Iran and Germany as long-lasting saying US threats cannot affect two countries ties. On the one hand we have the public reaction from public media which of course orchestrate this threat from the United States and on the other hand we have the long-...

Press TV - Up to 7,000 German business enterprises are estimated to seek continued trade with Iran, says the managing director of the German-Iranian Chamber of Commerce, following the launch of a payment vehicle that enables continued European trade with the Islamic Republic irrespective of unilateral sanctions by the United States. Michael Tockuss ...

MNA German small and medium-sized enterprises (SMEs) are willing to continue business relations with Iran despite the risk of US sanctions, according to a report. Data seen by Reuters showed on Tuesday that German exports to Iran soared in October, a month before the United States re-instated sanctions on Iran targeting its oil and banking ...

Reuters - Germany is convinced that it should enable legal business relations with Iran and is checking how to protect companies affected by sanctions reimposed on Iran by Washington, a government spokesman said on Monday. We are assessing how we will be able to protect the basis of our business engagements there, government spokesman Steffen Seibert ...

Xinhua -- The Free Democratic Party (FDP) criticized the German federal government on Monday for failing to shield German companies operating in Iran from new U.S. sanctions. FDP foreign policy spokesperson Alexander Graf Lambsdorff told public broadcaster ARD that Berlin had not developed credible plans to counter new U.S. sanctions against Iran ...

Financial Tribune - German exports to Iran rose by 26% last year and by more than 30% in January alone, says an economist at Germanys Chamber of Commerce and Industry, known by its German acronym DIHK, as trade between the two countries picks up after sanctions were lifted. Trade between Germany and Iran was worth 2.9 billion in 2016, up from 2....

Tehran, Oct 3, IRNA - Iran-Germany trade meeting opened in Iran Chamber of Commerce, Industries, Mines and Agriculture here on Monday. German Minister for Economic Affairs and Energy Sigmar Gabriel heading a 160-economic delegation is also attending the meeting. Over 40 reporters, photojournalists and cameramen are accompanying the German delegation....

Germanys BASF, the worlds biggest chemical maker, has announced that it plans to return to the Iranian market. BASF CEO Kurt Bock says he has seen a great potential for investment in Iran during his week visit to the country this week. German technology, German quality work and German reliability are very highly regarded and so we see good chances ...

Tehran, July 25, IRNA President of German Chambers of Commerce Eric Schweitzer said that his country intends to increase trade with Iran in short-term period to 5 billion euros and in mid-term to 10 billion euros. Schweitzer, who was accompanying German Economic Minister Sigmar Gabriel in his visit to Iran last week, told German Daily Ostoringer ...

TEHRAN July 20 (Shana)--National Petrochemical Company (NPC) chief says investor firms from outside of Iran can fund petrochemical projects in the country. Abbas Shari-Moqaddam is scheduled to meet with representatives of Germany's Linde Group and BASF on Monday to explore avenues for enhancing cooperation in the petrochemical sector. The two German ...

German companies are eager for Western sanctions against Iran to be removed as a prelude to increasing trade ties with the Islamic Republic. According to the German news agency, Deutsche Welle, German companies hope the removal of sanctions against Tehran through a final agreement between Iran and the P5+1 group of countries would pave the way for ...

Berlin, Mar 31, IRNA -- Germany hopes to substantially increase trade with Iran after a political deal on a final nuclear accord is reached with Iran, the weekly Hamburg-based SPIEGEL news magazine reported Tuesday. According to the managing member of the Hamburg-based German-Iran Chamber of Commerce, Michael Tockuss, it will be 'quite easy' to ...