Iran, Germany eye closer economic ties

Officials from Iran and Germany have expressed hope that the promising prospect of a lasting deal on Tehran’s nuclear program would help the two countries rebuild their economic relations.

In a short stopover in Frankfurt on his way to New York on Saturday, Iran’s Parliament Speaker Ali Larijani had a telephone conversation with Germany’s Foreign Minister Frank-Walter Steinmeier.

Larijani departed Tehran for the US earlier in the day to attend the 4th World Conference of Speakers of Parliament.

During the conversation, Larijani hailed Germany for its positive role in the marathon nuclear talks between Iran and 5+1 (Russia, China, the US, Britain, France and Germany) that concluded with a 159-page deal.

He also expressed hope that the German officials and companies’ visits to Iran following the conclusion of the nuclear talks would contribute to the expansion of economic relations between Tehran and Berlin.

Steinmeier, for his part, highlighted Iran’s great capacity for economic cooperation, saying the ground is prepared for the enhancement of relations with Tehran in all fields as a result of the nuclear deal.

Iran and 5+1 on July 14 reached a conclusion on a lasting nuclear agreement that would terminate all sanctions imposed on Tehran over its nuclear energy program after the deal comes into force.

The promising prospect of trade with Iran has prompted many countries to explore the market potential in the populous Middle East nation.