German industry groups see surge in Iranian business after nuclear deal


  • World
  • Saturday, 04 Apr 2015

BERLIN (Reuters) - German companies are hoping to win billions of euros worth of business from Iran after world powers reached a preliminary nuclear accord with Tehran, and Germany's engineering body urged banks to revise their business policies towards Iran.

The tentative agreement struck on Thursday opens the way for a settlement to allay Western fears that Iran could build an atomic bomb, with economic sanctions on Tehran being lifted in return. But difficult details still need to be worked out before a self-imposed June deadline.

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