The 4th session of the German-Iranian Joint economic commission ended in Berlin Tuesday with the signing of three memorandums of understanding, reported the official IRNA news agency.
Iranian Economics and Finance Minister, Hossein Namazi, and his German counterpart, Werner Mueller, signed a cornerstone agreement on encouraging and protecting mutual investments, said the agency.
“The most important result of this 4th joint session was the signing of an agreement to promote and protect mutual investments," said Mueller during a joint press conference with Namazi.
“President Khatami's last year visit to Germany and successful conclusion of the 4th joint economic session after 10 years, signal a new chapter in German-Iranian ties has started," Mueller added.
The German minister said also that a general agreement on "all aspects of economic cooperation" along with another agreement on housing were signed between the two sides – Albawaba.com
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