0632 GMT May 20, 2019
Schroeder is leading a high-level delegation as part of the honorary chairman of the Berlin-based Near and Middle East Association which promotes German business activities in the Middle East, IRNA reported.
The visit was originally scheduled for November, but postponed because of the death of former German chancellor Helmut Schmidt.
Schroeder, who was chancellor from 1998 to 2005, made a private visit to Iran in February 2009 at the invitation of a friend, Majid Samii, an Iranian neurosurgeon and acquaintance from his hometown, Hanover.
German political leaders, among them Vice-Chancellor and Economy Minister Sigmar Gabriel and Foreign Minister Frank-Walter Steinmeier as well as top German business executives have visited Iran following the historic July 14 nuclear agreement, hoping to secure business deals.
In July, German business leaders along with economy minister landed in Iran with and said they have high hopes to renew contacts with Tehran.
Gabriel was the first top Western official who visited Iran since world powers and Tehran reached nuclear deal.
German exports to Iran sank from 4.7 billion euros to 2.1 billion euros between 2010 and 2013.
On Thursday, Iran’s media reported that Germany’s Siemens has won several deals to develop the country’s railway infrastructure, Press TV said.
A deal specifically concerns the electrification of Tehran-Mashhad railroad. Accordingly, the German company will provide the signaling equipment, the electric locomotives, passenger train coaches as well as the related maintenance services for the railroad.
A second deal concerns the construction of Tehran-Isfahan high-speed railway and a third the provision of 500 passenger train coaches.
Siemens has also agreed to provide training for the railway sector of Iran, IRNA reported.
The German engineering powerhouse will in most of its projects be obliged to team up with Iranian companies.