29208
Bavarian Mission in Tehran
Economy, Domestic Economy

Bavarian Mission in Tehran

A 130-strong economic delegation from Germany’s Bavaria State headed by the state’s Minister of Economic Affairs and Media, Energy and Technology Ilse Aigner was due to arrive in Tehran on Saturday for a five-day visit.
On Sunday, Aigner is scheduled to officially open an office in Tehran for promoting bilateral trade as soon as the sanctions are lifted, IRNA reported.
Sanctions relief, which is expected to happen in the upcoming months, “could open a new chapter in trade relations between Iran and the southern German state”, she said in a statement in Berlin.
She added that Iran is an “attractive and profitable” market and that Bavaria “has the capacity to increase exports to Iran four to five times the current value”.
Bavaria’s exports to Iran declined 50% from 2009 to 2014 to stand at €220 million.
Back in August, another Bavarian economic mission headed by Chief Executive Officer of Bavaria’s Business and Industries Association Bertram Brossardt traveled to Isfahan to assess trade opportunities in the central province.
The southern state of Bavaria is Germany’s biggest state, hosting many industries, including BMW, Audi and Siemens.
German Foreign Minister Frank-Walter Steinmeier, who traveled to Tehran in mid-October, said the German government will lend its support to the country’s companies eager to invest in Iran.

 

Short URL : http://goo.gl/yIzERl
  1. http://goo.gl/o3eHEK
  • http://goo.gl/8P7N3T
  • http://goo.gl/PJQFb2
  • http://goo.gl/Yn5mna
  • http://goo.gl/JOhvxr

You can also read ...

CBI Outlines Top Priorities
The governor of the Central Bank of Iran, who took the reins...
Non-Oil Trade Value With Egypt Tops 80%
Iran traded 298,616 tons of non-oil commodities worth $128.23...
Colza Production Breaks 30-Year Record
Colza production in Iran since the beginning of the current...
Interest Rate Growth Gathers Pace
Two major banks have been allowed by the Central Bank of Iran...
IKCO to Deliver Presold Peugeot 2008 SUVs
Extending apologies for the prolonged delay in the delivery of...
Domestic Shoe Industry Hit by Raw Material Shortage
Domestic shoe production has declined by over 70%, the head of...
Rail Exports From Qom to CIS Grow 29%
More than 3,403 tons of goods were exported via railroads from...
Infrastructure Gets 10% of National Budget
As little as 10% of the national budget, i.e. less than 400...

Trending

Googleplus