November15, IFIF public relation- Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) and Berliner Handels- und Frankfurter Bank (BHF-BANK) will launch cooperation especially in the field of mine and mining industries.

Governor of the Bank Hans- Günter Wiesenack talked about various opportunities for bilateral ties and is willing to broaden financial relations with Iran.

He expressed hope to expand mutual cooperation after removal of sanctions and suggested a 30 to 40 years of cooperation with Iranian IMIDRO.

Deputy Minister of Industries, Mines and Trade of Iran and Chairman of the IMIDRO Mehdi Karbasian referred to the signed cooperation agreements and documents between Iran and European companies and removal of problems with French Kofas and German Hermes companies and said many past financial challenges are now tackled.

The Iranian mining and mineral sectors are planning for development especially in banking, financial and insurance sectors and expressed their readiness to absorb foreign investment, Karbasian added.