Iran, Germany to broaden banking cooperation

Foreign Minister Mohammad-Javad Zarif and German Finance Minister Wolfgang Schäuble on Monday discussed expansion of Tehran-Berlin banking cooperation. The two ministers met on the sidelines of the annual meeting of European Council on Foreign Relations (ECFR). Schäuble, underlining the JCPOA implementation, welcomed banking cooperation between Tehran and Berlin. He said…

‘Iran reliable trading partner for Europe’

Iran’s Foreign Minister Mohammad-Javad Zarif says the country will always be a reliable trading partner for all European countries, specifically Germany. Iran says it will always be a reliable trading partner for all European countries, specifically Germany.   Mohammad-Javad Zarif, Iran’s foreign minister, told a forum on Iran’s investment opportunities…

Iran, Germany seal diesel locomotives deal

Iran’s Minister of Roads and Urban Development Abbas Akhoundi (L) signing a diesel locomotives production deal with the visiting German Minister of Transport and Digital Infrastructure, Alexander Dobrindt. (Photo by IRNA) Iran says it has signed a deal with Germany to cooperate over production of 50 diesel locomotives which will…

Iran to implement carmaking contracts with German companies soon

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….

Three Iranian banks to open branches in Munich

Three Iranian banks have told Bavaria’s economy minister that they plan to open branches in Munich to help stimulate more business ties with German firms, the Muenchner Merkur newspaper reported on Sunday. Middle East Bank, Parsian Bank and Sina Bank have received approval from Iran’s central bank to set up…

Germany to make euro 170m investment in solar cells, panels in Iran

An official announced Iran-Germany cooperation for producing solar cells and panels in Special Economic Zone, saying that Germany has planned investment to the tune of 170 million euros for the purpose. Managing director of Company hoped that the ground for the project would be broken in May. Referring to his…

SWIFT open to four more Iranian banks

Iran’s media reported on Thursday that four more of the country’s banks have been reconnected to SWIFT, the global provider of secure financial messaging services. The banks are all the foreign branches of key Iranian banks. They include the Yerevan branch of Bank Mellat, the Dushanbe branch of Tejarat Bank…

Minister calls for Iran-German trade, industrial relations

Minister of Energy Hamid Chitchian said on Saturday that removal of sanctions created opportunity for cooperation with Germany more than ever leading the commercial and industrial relations to the former level. Chitchian told the First Iran-Germany Economic Commission that Iran and Germany have a long record of economic, commercial and…

Bright future for Iran-German trade ties

Indications are growing that the richest European country, Germany, is set to return as Iran’s top trade partner again with officials saying that plans have been devised to increase trade between the two countries by four folds. As Iran starts returning to the global economic stage following the landmark nuclear…

Iran, Germany ink deal to boost agricultural cooperation

High-Ranking officials from Iran and Germany signed a memorandum of understanding (MoU) to develop cooperation between the two countries in various areas of agriculture. In a meeting in the German capital of Berlin on Saturday, Iranian Agricultural Jihad Minister Mahmoud Hojjati and German Agriculture Minister Christian Schmidt signed the MoU…