Ger­many’s Bosch to ex­pand ac­tiv­i­ties in Iran

Iran Daily - - Domestic Economy -

Bosch com­pany is plan­ning to broaden its trade and busi­ness in Iran in dif­fer­ent fields, a se­nior man­ager of the com­pany an­nounced.

Fars News Agency quoted the Deputy Head of Bosch Auto Spare Parts Com­pany Christo­pher Denville as say­ing, “Cur­rently, Bosch is co­op­er­at­ing with 55 firms in Iran and seeks to ex­pand its ac­tiv­i­ties in the re­gion.”

He said that Bosch has been co­op­er­at­ing with its Ira­nian part­ners for many years, re­call­ing, “The first Bosch rep­re­sen­ta­tive of­fice was opened in Iran in 1924 and the first con­tract with Ira­nian au­to­mo­tive maker was signed in 1971.”

The se­nior man­ager said that the com­pany was forced to leave Iran in 2006 due to the sanc­tions against the coun­try, but in the year fol­low­ing the im­ple­men­ta­tion of nu­clear deal, known as the Joint Com­pre­hen­sive Plan of Ac­tion (JCPOA), Bosch re­turned to Iran and es­tab­lished a new firm named Bosch Te­jarat Pars.

In rel­e­vant re­marks in Jan­uary, Ger­man Am­bas­sador to Tehran Michael Klor-berch­told voiced his coun­try’s ea­ger­ness to broaden bi­lat­eral ties with Iran in the trade sec­tor.

“Ger­many likes to de­velop dy­namic re­la­tions with Iran in eco­nomic fields,” Klor-berch­told said.

“We are ready to uti­lize all po­ten­tials in Iran’s north­west­ern prov­ince (of East Azarbai­jan) to bol­ster bi­lat­eral ties in all fields, in­clud­ing the phar­ma­ceu­ti­cal and auto man­u­fac­tur­ing sec­tors,” Ger­man en­voy added.

He reiterated that his coun­try main­tains dy­namic and flex­i­ble ties with Iran.

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