May 26, 2019, 2:31 PM
News Code: 83328683
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German companies work with Iran despite US sanctions

Tehran, May 26, IRNA – The statistics published by the Chamber of Commerce and Industries of Iran shows that tens of German companies continue to work with Iran and have kept their offices open and active despite the US sanctions.

In the past several months, the US has applied its sanctions on Iran with the purpose of cutting foreign companies' cooperation, but the activities of tens of German companies in Iran shows that they are indifferent to the sanctions.

Volker Treier, head of the international office of Association of German Chambers of Industry and Commerce, said that the economic conditions of Iran are sensitive and the financial transactions have been affected by US sanctions.

He added that 60 German countries are still working with Iran.

The official statistics show that Germany exported €339 million worth of goods from January to March, which included machinery, laboratory and electronic equipment, and optic products and car parts.


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