Iran Germany

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

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