0102 GMT August 18, 2018
In a meeting with a group of German business people in Tehran on Monday, Iranian Minister of Cooperative, Labor and Welfare Ali Rabiei said Iran is ready to begin trade interactions with German entrepreneurs and industry owners, Tasnim News Agency reported.
Expounding on Iran ensuring sustainable security for foreign investors in its territory, the minister said foreign funders can use the country's market to access the region's 300-million strong market.
Diplomatic and trade relations between Iran and European countries, Germany in particular, have improved considerably since the signing of the nuclear deal, also known as the Joint Comprehensive Plan of Action (JCPOA), between Tehran and P5+1, in 2015 and its implementation in January 2016.
In June, Iran's Foreign Minister Mohammad Javad Zarif visited Berlin for talks with senior German officials on fostering bilateral relations as well as regional and international developments.
Also earlier this month, Iranian automaker Iran Khodro Company (IKCO) and the German giant Mercedes-Benz signed a contract to launch a joint venture.