Tehran, Oct 9, IRNA - Managing Director of Germany's H&R GmbH & Co KGaA Niels H. Hansen has said that removal of anti-Iran sanctions and improvement in Berlin-Tehran ties have created good conditions for his company to choose Iran as a regional hub for H&R activities.


Speaking to IRNA on Sunday, Hansen said his country aims to develop its activities in the Middle East region and has chosen Iran as a regional hub.

To create a regional hub in Iran is among the company's development plans at the global level, Hansen said.

He further stressed that economic development will be achieved gradually not spontaneously.

H&R, he said, had had trade ties with the Iranian sides for about a decade before the sanctions era, stressing that his company is to revive those relations.

Anti-Iran sanctions were lifted on January 16, 2016.

By IRNA