Iran, Germany to Hold Major Economic Forum in Berlin

06 April 2014 | 22:29 Code : 1931098 Latest Headlines

(Tasnim) – A high-ranking delegation from the Iranian Ministry of Industry, Mine and Trade is scheduled to participate in the Iran-Germany economic forum due to be held in Berlin on April 8.

Managing Director of the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) Mehdi Karbasian, said that the daylong meeting will be held at the invitation of German officials and with the aim of attracting the German private sector's investment and promoting the bilateral cooperation in the area of industry, mine and trade.

Karbasian also said that Mohammad Reza Nematzadeh, the Iranian minister of Industries, Mine and trade will lead the Iranian delegation in the meeting.

As IMIDRO cheif, Karbasian will deliver a speech on various issues, and breif the participant on the advantages and capabilities of the Iranian mining sector.

So far many foreign companies in the fields of mining equipment and machineries, exploration, extracting, processing and metallurgical industries have shown interest to enter Iran’s mineral market.

The country holds more than seven percent of the total mineral reserves of the globe. It lies on 37 billion tons of proven reserves and holds more than 57 billion tons of potential reserves of some 68 types of minerals, including chrome, coal, copper, gold, iron, lead, tin and zinc.

Iran with roughly one percent of the world population owns more than 7 percent of the total global mineral reserves, a research report has said.