Iran, Germany to Hold Joint Economic Commission in Spring


Iran, Germany to Hold Joint Economic Commission in Spring

TEHRAN (Tasnim) – German Vice-Chancellor and Minister for Economic Affairs and Energy Sigmar Gabriel said Tehran and Berlin will revive their joint economic sessions in the near future.

"In the near future, the two countries' joint economic and trade commission will be restored," Gabriel, who visited the Iranian capital at the head of a high-ranking delegation, said in a Monday meeting with Iran's President Hassan Rouhani.

"Its first session is scheduled to be held in spring 2016," the German official stated, adding that it would show the world that "opportunities for cooperation" must be seized.

Elsewhere in his remarks, Gabriel referred to the numerous representatives of German trade giants accompanying him in the trip to Iran, saying, "Germany's trade community is willing to return to Iran and have cooperation with Iranian partners.

"I think we should seize this opportunity not only to further develop trade cooperation but also to promote cultural exchanges," he went on to say.

The 100-strong German delegation arrived in Tehran on Sunday afternoon, and held several meetings with a number of Iranian officials including Parliament Speaker Ali Larijani and ministers of energy, foreign affairs, oil, and trade.

The delegation included high-ranking representatives from 20 German economic giants like car manufacturing companies Daimler (manufacturer of Mercedes-Benz) and Volkswagen, largest engineering company in Europe Siemens, largest chemical producer in the world BASF, and the world's largest industrial gas company The Linde Group, among others.

"German businessmen are strongly interested in the improvement and expansion of ties with Iran," a spokesperson for Germany's ministry of economic affairs and energy had earlier said.

The visit came days after Iran and the Group 5+1 (Russia, China, the US, Britain, France and Germany) on July 14 reached a conclusion over the text of a comprehensive 159-page deal on Tehran's nuclear energy program.

The text of the comprehensive nuclear deal between Iran and the six powers would terminate all nuclear-related sanctions imposed on Iran after coming into force.

Experts believe that Iran's economic growth would rise remarkably after the final nuclear deal takes effect.

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