Germany’s Hermes in Iran

(Mehr News Tehran, 24 December 2016) Iran always has been considered as an eye-catching and money-spinning market for several European countries like Germany offering not only 80 million people it has but also a 400-million-people marketplace it can provide access to. Following the termination of the nuclear deal between Iran and great powers, officially known as the Joint Comprehensive Plan of Action (JCPOA), the European Union countries, Germany in particular, are trying to foster their economic cooperation with the Islamic Republic. For decades before sanctions were imposed, Germany, which enjoys the largest economy in Europe with a nominal gross domestic product in 2016 of $3.5 trillion, was Iran’s major trading partner.