Azernews.Az

By Kamila Aliyeva

Iran’s Deputy Foreign Minister for Europe and America Majid Takht-Ravanchi has called for expansion of the Iranian-German relations and the elimination of obstacles to banking cooperation between the two.

The Iranian diplomat, during his ongoing visit to Berlin, discussed Tehran-Berlin ties, as well as major issues of international and regional issues at a meeting with State Secretary at German’s Federal Ministry of Foreign Affairs Markus Eder , IRNA reported.

Ederer, for his part, underlined remarkable growth in Iran-Germany relations, especially after the implementation of the Joint Comprehensive Plan of Action (JCPOA).

The official voiced his country’s readiness for promoting cooperation in all fields, economy in particular, with Iran. Ederer also said that German companies are interested to invest in Iran to transfer modern technologies to the country

Both officials stressed the need for finding diplomatic solutions to establish peace and stability in the region.

Germany is the fifth-largest exporter to Iran, after China, the United Arab Emirates, South Korea and Turkey. The trade relations between Berlin and Tehran are not based on buying oil from Iran but on German hi-tech equipment exports to the country.

In the first half of 2016, German exports to Iran increased by 15 percent. In 2015, trade turnover between Germany and Iran was $2.8 billion.

After the removal of Western sanctions, Iran needs foreign investments and advanced technologies.

Despite large economic prospects, Berlin and Tehran still have to decide on a number of political issues.

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