Friedrich Merz has introduced a new "Growth Accelerator" package aimed at revitalizing Germany’s economy, featuring a €46 billion tax cut for German businesses.

The Ambassador of the Federal Republic of Germany in Iran, along with the presidents of the Iran Chamber of Commerce and the German-Iranian Chamber of Industry and Commerce, held a meeting to discuss trade cooperation.

In a meeting held at the Shiraz Chamber of Commerce with the delegation from the German-Iranian Chamber of Industry and Commerce, the key role of Fars Province in Iran’s industrial landscape was emphasized.

The German-Iranian Chamber of Industry and Commerce held a special event welcoming German exhibitors participating in the Iran Agrofood exhibition, along with chamber members active in the food industry.

Bilateral trade between Iran and Germany totaled €343 million in the first quarter of 2025, with Iranian exports showing a slight increase of 1%.

While overall trade between Iran and the European Union declined in the first quarter of 2025, Iran’s exports in March reached their highest level since November 2022.

A study by consulting firm EY reveals a sharp drop in foreign investment in Germany, with China now emerging as the country’s largest investor.

Starting next year, non-European producers of cement, aluminum, iron, and steel will have to pay a CO₂ tax at the EU’s borders when importing environmentally unfriendly goods.

Due to a decrease in the export of food and live animals, as well as transport equipment and machinery and equipment from Europe to Iran, the volume of trade between Iran and the European Union fell by 17% between January and February 2025, reaching €703 million.