Iran News ...


09/05/10

Iran-Germany trade up 14% despite sanctions

Source: Mehr News Agency, Tehran

The German newspaper Hendelz Blat wrote, "Although UN and EU sanctions against Iran have intensified, trade between Iran and Germany has grown significantly."

IRINN quoted the newspaper as stating, "In the first half of the year German companies exported 9.1 billion euros worth of products to Iran which shows a 14 percent rise in comparison to the same period last year."

Iran's exports to Germany in the first half of the year increased and reached 280 million euros.

Meanwhile, companies such as Siemens and Daimler had announced that they would stop doing business with Iran, while many other companies said they would continue their business with the Islamic Republic.

A Bayern spokesperson said, "Considering the range of products we offer, we have no intention of leaving the Iranian market."

Elsewhere, over a hundred Dutch businessmen objected to the sanctions against Iran and said basically these sanctions were mostly to the loss of countries that had imposed them.

... Payvand News - 09/05/10 ... --



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