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Source: http://www.guardian.co.uk/business/feedarticle/8494238
Germany Pressures Firms to Limit Iran Trade
[Reuters/ Guardian-UK] The German government is increasing pressure on companies to curb business with Iran, Handelsblatt daily said on Thursday. Last week, the government of Chancellor Angela Merkel urged the German Near and Middle East Association to cancel two conferences on Iran. Recent figures show Berlin has significantly cut the value of new credit guarantees it offers firms that do business with Iran, but German exports to the country still rose last year. Germany has been one of the biggest exporters to Iran.