German technology is coming to Tehran after a recent meeting of officials in Tehran.
German technology is coming to Tehran after a recent meeting of officials in Tehran.

Iran, Germany Eager to Expand Scientific Coop.

Iran, Germany Eager to Expand Scientific Coop.

Iran and Germany need to expand their relations in scientific and technological fields and their cooperation should not be restricted to student exchange, Iran’s vice president for science and technology said on October 10 in Tehran.

Sorena Sattari made the statement in a joint meeting with a high-ranking scientific delegation from Germany, Mehr News Agency reported.

“Iran has cooperated in a number of basic research and technology commercialization projects with Germany, and we are planning to expand our cooperation to include the field of startups,” he said.

“At present, Iran holds expert startups in the fields of information and communications technology and biotechnology, and the country’s biggest startup sells $5 million per day, which is quite unprecedented in the region.”

The official noted that Iran has made considerable progress in biotechnology and presently, 98% of the country’s required pharmaceuticals are produced by domestic companies.

According to Sattari, Iran is home to the biggest market in the region in the field of product commercialization, startups and energy transfer.

“By next year, the ICT startup market in Iran will reach $80 billion,” he said.

Germany’s Federal Minister for Education and Research Johanna Wanka said during the meeting that her country is planning to form a joint scientific commission with Iran by 2017 to define joint scientific and technological cooperation.

German companies like Siemens Group have reentered the Iranian market in recent months and signed several deals in the fields of technology transfer and transport infrastructure. This latest working group shows the willingness of the major European economy to help Iran on its path to global reintegration.


Short URL : https://goo.gl/0dt44J
  1. https://goo.gl/OAPllj
  • https://goo.gl/Uv9qWk
  • https://goo.gl/9A8x3O
  • https://goo.gl/LppRi3
  • https://goo.gl/mvDH6K

You can also read ...

Central Bank of Iran Governor Expects Additional Forex Allocation for Imports
The central bank governor said volume of foreign currency...
Iran's Private Sector Prepares to Secure Syrian Market Entry - Report
Scores of Iranian executives running private businesses...
Iran's Payam International Airport Ready for Exports
Payam International Airport, located in the city of Karaj 40...
India Working on Rupee-Rial Mechanism for Chabahar Port Project
India is weighing a rupee-rial payment mechanism for the...
Global Export Credit Agencies Support Iran Trade Coverage - Interview
Global Export Credit Unions participating in a meeting of the...
The number of trips made by Azerbaijani citizens to Iran has...
Iranian Elevator Manufacturers Look Beyond Borders
Iran’s elevator manufacturing companies have the capacity to...
Tehran: TEDPIX Tops 188,000 as Investors Pile Into Stocks
Tehran Stock Exchange's main gauge, TEDPIX, sailed past the...

Add new comment

Read our comment policy before posting your viewpoints