<p dir="LTR"><span>IRNA - Head of a German trade-investment delegation in a visit to the North Khorasan Province announced that a joint company is to be established in Iran in order to boost trade ties.</span></p> <p dir="LTR"><span>German-Iranian joint venture to be launched in N. Khorasan</span></p> <p dir="LTR"><span>“The company would be a facilitator for following the procedures of trade exchanges between Germany and Iran,” Ali Bayat said on Tuesday in a meeting with North Khorasan governor, attended by businessmen from both sides.</span></p> <p dir="LTR"><span>Pointing to a visit by the governor, heading a trade delegation, to Germany, he added that to accelerate the implementation of projects in agriculture and new energies sectors, a branch of the company Phoenix is going to be registered in North Khorasan.</span></p> <p dir="LTR"><span>Pointing to a memorandum of understanding signed by the delegation and the Chamber of Commerce of the province, Bayat also expressed hope that the projects would be implemented soon.</span></p> <p dir="LTR"><span>The German delegation visited some parts of the province, including the agricultural projects, the suggested sites for constructing solar energy power plants, and some tourist attractions.</span></p>