Industrial Control Systems 2017
 
Sunday, April 23, 2017
Directory Directory Subscribe
Login
 

Iran and Germany to boost joint investment

 
 

Please, enter data

Please, enter data

MNA, 13 January 2016

Iran’s minister of industry, trade, and mines has said Iran and Germany will work to boost joint ventures in Iranian and German markets.

Mohammadreza Nematzedeh and former German Chancellor Gerhard Schroeder met in Tehran on Tuesday to discuss bilateral trade and joint ventures. “Our government and nation has always been promoting peace and friendship in the region and the world; the visit by German delegation provides a proof of this; we will be much pleased to improve relations to better levels than in the past, and in this vein, we have prioritized plans of long-term partnership in joint ventures to cope with new conditions created in times post-JCPOA,” Mr. Nematzedeh told Schroeder.

“Normalization of banking cooperation between Iran and Germany and also of insurance are also in the top of the agenda; Iran would provide Germany with a gateway to a market of more than 400 million population, which adds to its already advantageous position in terms of the rule of law and strict regulation and security as well,” he asserted.

Nematzadeh believed that Iran enjoyed now deregulation of the trade; “the Parliament had been working on gradual removing of trade barrier through deregulation and unnecessary paperwork to support domestic production; the private sector has now prominent place in the economic structure. There is virtually zero restrictions on investments by foreign or domestic firms, either private or public, which has improved the quota of private sector in industrial sector,” he told German official. “Auto-making, valuable metals, petrochemical sector, energy and electricity, pharmaceuticals, medical and hospital technologies, construction equipment, and especially new construction material are fields where Iran would welcome German cooperation.”

“However, this market exchange should be mutual and we should have a quota of German markets for our exports; ample energy sources would provide Germany a distance hub where they could build and manufacture industrial goods to avoid difficulties of export and distance due to Iran’s position which bestows upon the country a boon of being near a consumer market of huge population,” Nematzadeh suggested. “Petrochemical industry, oil and gas, steel industry, aluminum, spare parts, and sensitive industrial parts and electronics are the fields German industries could rely upon.”

“Our young population which are in an age of economic activity would also provide another advantage for any investors seeking work force; our young university graduates provide huge motivation and energy necessary for any firm to advance their business with open hands,” said minister of industries, trade, and mines.

Gerhard Schroeder for his part welcomed calls by Iranian side to improve trade and business; “once mutual relations were ruled by international influences and sovereign powers’ will; now however, those barriers have been lifted; apart from economic relations, cultural issues are also important in bringing a détente; we should work together to advance our economies,” Mr. Schroeder added.
MNA
13 January

  COMMENTS
Login to Add Your Comment  (for subscribers) | Subscribe

 

Latest News

Eurasian Economic Union - Iran Free Trade Talks Ongoing
Financial Tribune, 21 April 2017

Eurasian Economic Union - Iran Free Trade Talks Ongoing
Project Qatar 2017 from 8 till 11 May
The Penisuela Qatar, 21 April 2017

Project Qatar 2017, an annual exhibition for building, environmental technology and materials, will kick-off from May 8 at the Doha Exhibition and Convention ...

Read full story
Project Qatar 2017 from 8 till 11 May
Back to Home Page 3336 --- 352 <><><> 1020.....exvideo=0....eximage=0
P 0
BR 14

LIGHTINGTECH QATAR 2017

 

 
Future Landscape & Public Realm KSA
25 - April 2017
The Annual Future Drainage & Stormwater Networks Abu Dhabi
1 - May 2017
2nd Annual Mosque Design & Development Summit
3 - May 2017
4th Annual LightingTech Qatar
8 - May 2017
Industrial Control Systems Smart City
15 - May 2017
 
  View more  

Market Indecies
 
Saudi SE - 2.32%
Dubai FM - 4.53%
Abu Dhabi SE - 3.99%
Kuwait SE - 1.51%
Doha SM - 8.36%
Muscat SM - 6.18%
Casablanca SE Closed
Bahrain SE - 0.98%
Cairo SE Closed
Amman SE - 1.12%
 

Iraq Erbil AgroFood 2017

Quick Links
  Reports  
  Articles  
  Brochures & Flyers  

Up-coming events
  Future Landscape & Public Realm KSA - 25 April - 26 April 2017  
  Project Qatar - 8 May - 11 May 2017  
  Qatar StoneTech - 8 May - 11 May 2017  
  Heavy Max - 8 May - 11 May 2017  
  Project Lebanon - 16 May - 19 May 2017  
  Energy Lebanon - 16 May - 19 May 2017  
  Beirut Boat - 23 May - 28 May 2017  
  Iraq Agro-Food - Erbil - 23 October - 26 October 2017  
IFP Group Events Calendar

 


Magazine sections
  Finance  
  Zoom  
  Growth Markets  
  Regional Overview  
  Editorial  
  Tips and Tricks  
  Spotlight  
  Home Finance  
  Our Meetings
 
  Focus
 
  News
 
  Legal Issues
 

 

               
IFP Corporate
• IFP Emirates
• IFP Lebanon
• IFP Qatar
• IFP Iraq
• REC Saudi Arabia
• IFP China
Lebanon
Beirut Boat
Energy Lebanon
Project Lebanon
Qatar
Heavy Max
Hospitality Qatar
Project Qatar
Qatar StoneTech
Iraq
Energy Iraq - Erbil
Erbil International Fair
Iraq Agro-Food - Erbil
Project Iraq Erbil
Saudi Arabia
Riyadh Motor Show
 
 
  IMC
IFP Group 2017 - © All rights reserved