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Iran’s economy won’t wait for Europe: TCCIMA head

“The German government has tried to support German companies, but since the U.S. market is so important to German companies, we cannot fully protect them against sanctions,” Schnackenberg said” reports The Iranian economy has no choice but to turn from the West and look for eastern partners,” Masoud Khansari said in an Iran-Germany business forum in Tehran on Wednesday.She stressed the U.S. sanctions to be the biggest problem in the way of Iran-Germany economic relations, saying “Unfortunately, German companies have the most exports to the U.S. market and statistics show.Speaking in the event, Managing Director of Germany-Iran Chamber of Commerce and Industry (AHK Iran) Dagmar von Bohnstein said the current political situation (sanctions) is negatively affecting the economic relations between Iran and Germany.

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