Economy

Germany to Press US to Reduce Iran Sanctions: Economy Minister

German Economy Minister Sigmar Gabriel promised on Monday to remind the United States of its commitment to reduce sanctions against Iran, as he courted business ties during a two-day trip to the Islamic Republic.

Speaking at the opening of an economic forum, Gabriel said Germany wanted to “remind the United States of the commitment to get to an effective dismantling of sanctions”.

Iran’s Deputy Economy Minister Mohammad Khazaei said 10 economic agreements would be signed on the sidelines of Gabriel’s visit. “I hope that this will smooth the way between both countries,” he said, as reported by Reuters and covered by Iranian media outlets.

Gabriel has gone to Iran with a plane-load of industry executives. Remaining US sanctions and political concerns have so far held back a hoped-for business boom between the two countries.

IFP Editorial Staff

The IFP Editorial Staff is composed of dozens of skilled journalists, news-writers, and analysts whose works are edited and published by experienced editors specialized in Iran News. The editor of each IFP Service is responsible for the report published by the Iran Front Page (IFP) news website, and can be contacted through the ways mentioned in the "IFP Editorial Staff" section.

Recent Posts

PA says US support behind Israel’s disregard for warnings against Rafah invasion

The Palestinian Authority  (PA) has blamed the US bias for Israel’s disregard for growing opposition…

10 hours ago

IRGC cmdr.: Iran used 20% of what prepared to respond to bombing of embassy by Israel

The aerospace commander of Iran’s Islamic Revolution Guard Corps (IRGC) says during the recent Operation…

11 hours ago

US claims Russia ties embolden North Korea

US Secretary of Defense Lloyd Austin has raised the alarm over North Korea’s increasing strategic…

14 hours ago

Iran says has not barred IAEA inspectors

The head of Iran’s atomic agency says the country is cooperating with the inspectors from…

14 hours ago

Blinken ceasefire comments meant to acquit Israel: Hamas official

Senior Hamas official Sami Abu Zuhri stated that US Secretary of State Antony Blinken's comments…

17 hours ago

Iran Leader: Gaza first issue of world

The Leader of Iran’s Islamic Revolution Ayatollah Seyyed Ali Khamenei says Gaza has now turned…

17 hours ago