Small German Firms Hold Edge in Iran
-Despite the international sanctions that have choked off much of Iran's foreign trade, many German companies have continued to do business here--legally--in recent years. Now those companies are likely to be among the first to benefit from the country's expected reopening, after a U.S.-led deal in July to ease the sanctions in exchange for curbs on Iran's nuclear program. As of last year, more than 75 German companies had operations in Iran, according to the Tehran-based German-Iranian Chamber of Industry and Commerce. Most of them were ...
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