19-04-2024 05:50 AM Jerusalem Timing

German FM to Visit Iran in October

German FM to Visit Iran in October

German Foreign Minister Frank-Walter Steinmeier announced that he is planning to travel to Tehran in the next two months.

Germany Foreign Minister Frank-Walter SteinmeierGerman Foreign Minister Frank-Walter Steinmeier announced that he is planning to travel to Tehran in the next two months.

"I will be in Iran in October," Steinmeier said, addressing a ceremony in Berlin on Monday.

Steinmeier's visit follows last month's three-day visit by German Vice-Chancellor and Economy Minister Sigmar Gabriel to Tehran.

Earlier this month, Iran’s ambassador to Germany Ali Majedi said that the two countries plan to revive the Tehran-Berlin Joint Economic Commission in a bid to devise a roadmap for promoting bilateral economic ties.

"The Joint Economic Commission will be assembled in near future to take the preliminary steps for the drafting of a roadmap to bolster mutual transactions," Ali Majedi told Frankfurter Allgemeine Zeitung daily.

Majdei noted that regarding the willingness of German factories to invest in various Iranian industries, those who have applied to run operation in Iran are urged to manufacture top quality products and transfer the technological know-how to Iran after making investments and launching production lines in the country.

"Small-and mid-sized German companies can set up their businesses and manufacture their products in Iran where they may also receive their trademark quality certifications," he said.

"The energy sector and automobile industry are areas where both countries can launch cooperation," the ambassador added.

After the interim agreement with the Group 5+1 (the US, Russia, China, France and Britain plus Germany) in Geneva on November 23, 2013, large delegations from across the world came to Tehran to win a share of the country's emerging lucrative market.

And following the recent agreement hammered out between Iran and the sextet in the Austrian capital on June 14, Iran has been inundated with an overflow of offers made by various European companies who have lined-up to enter the country's markets. Offers have been presented not in written proposals, but also through emails and even phone calls.