Significant Reduction of Trade Between Iran and Germany

Reformist Think Tank Highlights the Cost of Iran’s Increased Isolation

Iranian Diplomacy - Summary translation by Persia House
January 31, 2010

The level of trade between Iran and Europe has been declining [in recent months]. The German company Siemens plans to end its cooperation with Iran during the upcoming summer. Additionally, a Hamburg-based company specializing in pier construction has also expressed its reluctance to renovate the Bandar-e Abbas facilities [in southern Iran], despite denials by its Iranian counterpart, Tidewater Company.

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Iranian Diplomacy is an independent think tank established in 2007 by Seyyed Mohammad Sadegh Kharrazi. Kharrazi served as Iran's Ambassador to the United Nations and France, and also as an advisor to former President Khatami. He is considered to be a moderate diplomat who has taken a leave of absence from government service following disagreements with the Ahmadinejad administration.

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