Berlin, Mar 31, IRNA -- Germany hopes to substantially increase trade with Iran after a political deal on a final nuclear accord is reached with Iran, the weekly Hamburg-based SPIEGEL news magazine reported Tuesday.

According to the managing member of the Hamburg-based German-Iran Chamber of Commerce, Michael Tockuss, it will be 'quite easy' to revive the lucrative German-Iranian business ties.


The German trade official's optimistic assessment of future bilateral economic relations comes in the wake of a recent report by the German Federal

Statistics Office which released figures saying German exports to Iran surged 30 percent last year to 2.4 billion euros, bolstered by the partial lifting of Western sanctions amid progress in talks on the country's nuclear program.

If there is a nuclear agreement with Iran, the total volume of German exports to Iran could rise to between five and six billion euros, Tockuss pointed out.

Meanwhile, Germany's DIHK chambers of trade and commerce anticipates German exports to Iran to soar to up to 12 billion euros over the

coming years in spite of tough Russian, Turkish and Chinese competition.

German products are still viewed as a good brand by Iranian customers, Tockuss said.

Germany is traditionally Iran's biggest trading partner in Europe and last year's rise, the sharpest in a decade, was mostly driven by sales of

machinery, agricultural and pharmaceutical products.

By IRNA