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News ID: 6642
Publish Date : 25 October 2014 - 20:35

Official Stresses Germany’s Resolve to Boost Trade Ties with Iran

TEHRAN (FNA) - A German trade official voiced Berlin’s willingness to pave the ground for the promotion of trade cooperation with Tehran.

Speaking in Berlin, member of the German-Iran Chamber of Commerce Michael Tockuss said his country’s exports to Iran have risen by more than 30 percent this year.

Top exports include industrial machines, chemicals, food and electronics, he added.

Tockuss pointed out that Iran’s economy had a ‘huge potential’ once the western sanctions are lifted.

He acknowledged the anti-Iran embargo had also damaged German companies as it made trading more difficult.

That notwithstanding, Tockuss said Germany was not fearing US and other European competition in the Iranian market, as Iranians like the good quality of German products.

Tockuss hailed Iran’s ‘very serious efforts’ to diversify its exports.

Germany is an important trade partner of Iran. Berlin has long been ignoring the US-led sanctions against Iran.

Iran and Germany have tried to expand their bilateral relations in recent years through reciprocal visits by the two countries’ officials.