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Iran Germany

Europe is steps away from SPV: German envoy

Should it become operational, the Special Purpose Vehicle (SPV) created by the European Union, will not use US dollars in its transactions with Iran and will allow European firms to trade with Iran in the face of unilateral US sanctions.

Trade

Germany says working out final requirements of SPV

Berlin authorities say one of the details is which country will be the headquarters of the financial channel to do trade with Iran in the face of unilateral US sanctions.

Trade

Iran agro exports set record high of $4.5bn

Iraq and Afghanistan are the top destinations of Iranian food products as Tehran seeks to bolster its regional economic ties. Germany is Iran’s only European market.

Agriculture and Environment

German exports to Iran up despite US sanctions

Germany Small and Medium-sized companies, also known as the Mittelstand, are leading the exports to Iran despite the restoration of US sanctions in November.

Trade

Germany: US can’t tell us with whom to do business

Germany’s Economy Minister Peter Altmaier says the United States is in no position to tell Berlin with which countries it can do business, vowing support for companies doing business with Iran.

Trade

Germany’s MAN eyeing Iran’s investment potentials

MAN Diesel & Turbo, a German multinational that produces engines and turbo machinery, says it is paying a serious look at Iran’s investment potentials, saying it has already taken measures to restart its business in the country.

Mine and Industry

Germany’s Hermes to guarantee business with Iran

Germany’s Hermes Insurance Company has voiced willingness to provide insurance coverage for investment projects in Iran.

Macro Economy

Germany vows expansion of banking ties with Iran

Germany has announced its readiness to expand its banking cooperation with Iran and provide funds for the country’s economic projects.

Financial Markets

From Rhineland to Tehran

Tehran was host to a delegation of representatives from 13 SMEs from a wide range of sectors from Germany’s Rhineland-Palatinate state

Trade

Germany’s Rhineland keen on boosting trade ties with Iran

A 20-member German trade delegation dispatched by the Federal State of Rhineland-Palatinate attended a meeting in Iran’s Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) on Sunday to negotiate with the Iranian counterparts.

Iran Chamber

Iran Chamber of Commerce, Industries, Mines and Agriculture

Established in 1884, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is a non-profit and non-governmental institution which aims at facilitating economic growth and development in the country. Iran Chamber tries to further coordinate the activities of the private sector. As an economic forum, representatives from both the government and the private sector attend Iran Chamber's sessions. Meanwhile the institution acts as an advisory body to the government, parliament and judiciary.

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