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EghtesadOnline: A 12-member business delegation from Germany is planning to visit Iran February 5-8 to seek cooperation opportunities, Dawood Nazirizadeh, management consultant and organizer of the business trip told Trend.

"We will be in Tehran February 5-6 and in Tabriz February 6-8. The companies are from different business fields, mostly chemistry, electrical engineering, mechanical engineering, and consulting," he said.

According to Nazirizadeh, a German deputy minister of economy will accompany the delegation.

"There will be meetings with Iran and Tabriz chambers of commerce and with different ministries in the areas of renewable energy and innovation."

"Most of the companies want to have a first impression on Iran’s business. Some of them want to open a branch or hire some staff in Iran," Nazirizadeh further said.

According to ILNA, Germany was Iran’s biggest trade partner prior to 2012 when heavy sanctions cut Iran off from world business.

Germany remained fifth top goods exporter to Iran during the first eight months of the current fiscal year (March 20-Nov. 21, 2016) with $1.461 billion worth of exports.

Germany’s exports to Iran increased by 25 percent in the 8-month period compared to the same period a year earlier. Sanctions on Iran were removed in January 2016.

Iran-Germany trade Davood Nazirizadeh