Minister of Industry, Mine and Trade Mohammad Reza Ne’matzadeh said on Tuesday that the contracts signed with German companies in the sector of automobile will be carried out soon.
Ne’matzadeh made the remarks in meeting with Deputy Prime Minister and Minister of Economy of Bavaria State in Germany Ilse Aigner.
Industry minister underlined Iran’s interest to develop cooperation with German government as well as Bavaria State and said that bilateral economic and industrial cooperation by new signed agreements and recognition of both sides capacities are expanding, but banking relations is not normal yet.
He underlined necessity for execution of bilateral agreements in the sector of export insurance, saying that following implementation of JCPOA the two countries have increased their joint venture projects.
Ms. Ilse Aigner said that she came back to Iran after seven months with a big delegation indicating efforts of both sides for confidence building and expanding economic cooperation.
She welcomed Ne’matzadeh proposal for using capacities of small industrial and productive units.
She hoped that banking obstacles could be removed soon.
Aigner announced opening of Bavaria economy and industry bureau in Tehran, saying that inauguration of this office is for long term investment planning.
She said that the German delegation held negotiations with Kerman Governor General and signed cooperation agreement with the province.
‘A group of Bavaria banks representatives are accompanying her.’
Aigner said that the German delegation held negotiations with Parsian, Sina and the Middle East Banks in Tehran for opening their branches in Bavaria.
