The board members, senior advisors, long-standing members, and staff of the German-Iranian Chamber of Industry and Commerce gathered to celebrate Yalda Night together.
Germany’s exports to Iran exceeded one billion euros in the first ten months of 2024, with total bilateral trade reaching 1.24 billion euros, a 4% increase compared to the same period in 2023.
Although Iran's exports to the EU-27 continued their upward trend from January to October 2024, a decline in Europe's exports to Iran has pushed monthly trade volumes to their lowest point since January 2021.
German Chancellor Olaf Scholz has lost a no-confidence vote in parliament, paving the way for its dissolution and fresh national elections on 23 February.
Germany has become the top choice for foreign direct investment (FDI) in 2023, overtaking the United States, with a total investment of €410 billion, according to recent Eurostat data.
Trade relations between Iran and the EU-27 demonstrated resilience in the first nine months of 2024, with the total trade volume reaching €3.47 billion. This marks a 1% increase compared to the same period last year, driven by a notable rise in Iranian exports to the bloc.