Klaus Friedrich: We hope that the presidential elections in Iran will further stabilize the stable political situation there. We hope that the economic upturn, which is comparatively slow, will also then solidify and accelerate, for which political stability is indispensable. Very few financial institutions are currently prepared and ready to support business in Iran. With any transaction worldwide, but particularly in business with Iran, you have to check whether or not there is an export restriction. There are still sanctions in place and companies doing business in Iran are not spared the review.

Source: Daily News Egypt May 20, 2017 00:22 UTC