German-Iranian joint venture to be launched in N. Khorasan

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.

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.

German-Iranian joint venture to be launched in N. Khorasan

“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.

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.

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.

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.

Jun 14, 2017
IRNA |