Iran Germany

Germany imports Iranian oil despite sanctions

Germany has imported a major petroleum shipment from Iran for the first time in five years, according to the latest data by Eurostat, the statistical office of the European Union.

Energy

German exports to Iran at $1.6 billion in 2022

Germany’s exports to Iran rose significantly last year compared to 2021 despite restrictions imposed on Iran’s trade ties with the rest of the world because of US sanctions and in spite of Berlin’s growing anti-Iran rhetoric.

Trade

German trade limits on Iran not to harm ongoing economic exchanges: Senior businessman

A recent measure by the German government to limit business with Iran involves the removal of trade incentives that has no significant role in bilateral relations and is not expected to harm economic ties between the two countries, according to a businessperson with the knowledge of the matter.

Trade

Iran flag carrier launches Tehran-Munich flight

Iran’s flag carrier airline, Iran Air, has launched Tehran-Munich flights, its fourth air route to Germany.

Transportation

Iran private sector says easing visa rules is pivotal to expansion of cooperation with Germany

President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Gholam Hossein Shafei has said that Germany should facilitate visa requirements, at least for traders, to help promote cooperation with Iran.

Iran Chamber

Iran Chamber of Commerce President, Germany’s BWA chief meet in Tehran

President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Gholam Hossein Shafei and Chairman of the Board of the German Federal Association for Economic Development and Foreign Trade (BWA) Michael Schumann meet in Tehran, Iran July 24, 2022.

Photo Gallery

Iran, Germany urged to increase joint investments

Participants of a webinar on trade situation between Iran and Germany called on both countries to give a boost to joint investments.

Trade

Iran Air to resume Tehran-Cologne flights from October 30

Iran’s national flag carrier, Iran Air, will resume roundtrip Tehran-Cologne flights from October 30 after a seven-month halt that was caused by the spread of the coronavirus pandemic in Iran and the European country.

Transportation

60 German companies still in Iran despite US sanctions: German industry delegate in Iran

Iran-German trade ties have seen recent downs due to the US sanctions but those measures haven’t stopped dozens of such companies to leave Iran altogehter.

Trade

France, Germany say INSTEX close to first deal in days

The two main European countries behind the European payment mechanism say they are working at top speed to bring the channel online very soon, preferrably before this Sunday when Iran will announce more commitments reduction.

Financial Markets