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- Iran: ‘Sustainable Security 2019’ kicks off in Caspian Sea
- Iran’s Zarif leaves Tehran for Moscow
- Shiraz University ranked 1st in liver transplantation: Iranian health official
- Japan’s Abe to meet Iran’s president to discuss easing tension in region
- Downing of US spy drone shattered war threats against Iran: Top IRGC commander
- IAEO head reports development of first ion-therapy hospital in west of Asia
- Iranian Taekwondo team wins 2019 World Cup championship
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- Crew fixing Iran oil tanker broken down in Red Sea
- As Iranians hold nerves, US seeks to scare off trade
- Leader expresses concern about Kashmir, urges India to follow fair policy toward Muslim-majority region
- Iran saffron exports down due to smuggling, government restrictions: Exporter
- Iran FM warns US against ‘serious miscalculation’ in Persian Gulf
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- Iran in reverse brain drain as top students come home in rising numbers
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- Iran hails N Korea for standing against ‘unilateral’ US demands
- Shia Muslims celebrate Eid Al-Ghadir
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- Zarif says to meet French president Friday
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- IME trade ups by 21 percent in July
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- Iran, China confer on Syria
- Iran, Finland share views on Persian Gulf dialogue forum: Zarif
- Iran warns US against seizure of oil tanker
- Iraq eager to benefit from Iranian Police’s experience
- Iran planning 3rd step to reduce nuclear commitments: Spokesman
- Leader grants clemency to over 1,000 Iranian inmates
- Registration for Arbaeen Pilgrimage to begin in Iran on Friday
- Iran, Iraq agree to reopen Khosravi border crossing
- Iran deplores suicide attack at Kabul wedding hall
- Iran to hold int'l hand-woven carpets expo
- Zarif meets with Iran-Kuwait Friendship Group members
- Adrian Darya oil tanker not under any sanctions, says Iran envoy
- ‘Iran to stay in nuclear deal as long as its interests are met’
- India envoy happy with positive trend of trade with Iran
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- Enemies must factor Iran's global power in their calculations: IRGC's chief commander
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- Gibraltar releases Iran-operated tanker despite US pressure
TEHRAN, August 12 - Germany’s Economy Minister Peter Altmaier says the United States is in no position to tell Berlin with which countries it can do business, vowing support for companies doing business with Iran.
TEHRAN, Young Journalists Club (YJC) - Altmaier emphasized that Berlin would not let the US dictate its trade rules on it, stressing that Washington’s sanctions on Iran clearly showed America’s neglect of its partners.
He was quoted by media as saying that Germany should be more assertive and defy American sanctions particularly by investing more in Iran.
“We don’t let Washington dictate [their will] on trade relations with other countries,” Altmaier told Bild newspaper.
He emphasized that Germany and other European countries should feel free to pursue improved relations with Tehran.
“German businesses can continue to invest as much as they want in Iran,” Altmaier was quoted as saying in a report that was also carried by the website of Russia Today.
Altmaier’s words came after US President Donald Trump ordered to restore a fresh round of sanctions targeting Iran’s purchase of US dollars.
These restrictions have damaged EU ties with Iran, which flourished after the milestone 2015 nuclear deal, the report added.
Last week, the EU responded to Washington’s sanctions against Iran by calling on companies to disregard threats from the US.
Apart from the issue of Iran, the US and Europe are locked in a dispute over tariffs on steel, aluminum, and automobiles.
With that in mind, the German minister said, the world now risks sliding into an all-out economic conflict, adding that “we are just a few yards from the edge,” and “a global trade war would not know winners, only losers.” Politicians have no right to jeopardize hundreds of thousands of European jobs that depend on US-EU trade, he stated.
“We have learnt from the past that mostly customers are suffering from trade wars as goods and services are getting more expensive,” Altmaier said. “This trade war hampers economic growth and brings new uncertainties.”
Source: Presstv
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