Publishe Date: 12:24 PM - 7/20/2015 | Print

Iran, Germany to hold joint economic meeting in fall

Economy - Iran and Germany will hold the 5th session of their joint economic commission in early days of the fall 2015, Iran's Oil Minister Bijan Namdar Zangeneh said.

Iran and Germany will hold the 5th session of their joint economic commission in early days of the fall 2015, Iran's Oil Minister Bijan Namdar Zangeneh said.

Speaking to reporters on the sidelines of a meeting on Iran-Germany economic cooperation here on Monday, Chit Chian voiced Tehran's readiness to host European companies in different industrial sectors.

 

He said no agreement is to be signed during the current visit to Tehran of the German Vice Chancellor Sigmar Gabriel as promotion of ties between the two countries depends on the settlement of some banking and insurance problems.

 

Noting that German firms are keen to have a place in the Iranian oil industry, the minister said German companies which had lost the Iranian market are now trying to regain their position.

 

The minister said the wall of sanctions is already cracking down so Iran will see many foreign companies in the country.

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