Berlin -- A leading German trade official warned of missing out on Iranˈs lucrative market as other European companies are rushing to Iran to sign business agreements.
Speaking to IRNA in Berlin, the chairman of the German Near and Middle East Association (Numov), Rainer Seele expressed concern that his county could actually "miss the train" to Iran to sign trade deals in that country.
Other international competitors are taking much better advantage of their opportunities in Iran and are preparing for much bigger business agreements, Seele said.
Therefore, German companies should also be prepared to make business deals in Iran, he added highlighting "positive (trade) prospects" in the Islamic Republic.
Seele pointed to the potential of economic cooperation between Iran and Germany, especially in the field of energy and mechanical engineering.
German companies have pushed their government to step up its efforts to promote trade relations with Iran as western sanctions over Tehran's nuclear program are being gradually lifted.
They have lashed out Berlin's inaction in pressing ahead for closer business ties with Iran as other western companies were flocking to Tehran in the wake of the last year's landmark Geneva nuclear accord.
© IRNA 2014
