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Germany is Iran’s most important trading partner in the EU

The sanctions imposed on Iran affected trade relations between Iran and Germany

Dr. Volker Treier, Head of Foreign Trade and Member of the Executive Board of the German Chambers of Industry and Commerce (DIHK), would like to see German-Iranian trade relations reach the level they were at before the U.S. sanctions were imposed.

In a video message at the annual ordinary general assembly of the German-Iranian Chamber of Industry and Commerce, Volker Treier praised the successful activities of AHK Iran.

Referring to foreign trade statistics between the two countries and emphasized the high potential of bilateral relations: “The German-Iranian trade In 2020 volume recorded a six percent increase to around two billion euros.”

This growth made Germany by far Iran’s largest trading partner in the European Union and  this is yes a pleasing development.

He added, “Despite the large potential of economic activity between the two countries, this figure does not come close to the total trade between the two countries in 2017, which was 3.4 billion euros”.

 

U.S. sanctions are massively hampering trade, we simply have to state that. And so the trade volume has declined by 5.5 percent even during the crisis.”

The DIHK head of foreign trade assessed the activities of AHK Iran as examples of the promotion of relations between the two countries: “Let me give two examples for this year alone.

The AHK Iran has gratifying successes every year in the field of business startups. AHK participates in the Startup Germany Tour and one of the startups even won the regional competition in MENA this time and is competing against the world selection this month. We are excited to see what will come out of it.

AHK is also a test center for the Society for Academic Studies, Preparation and Test Development g.a.s.t and will be conducting the certified digital test for German as a foreign language for the first time.”

 

 

 

 

 

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