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    • BHF Keen on Long _term Cooperation with Iran in Mining Sector

      Tehran, Nov14, IMIDRO_ German-French bank, “BHF” willing to resume long -term cooperation with Iran especially in mines and mining industries sector.
      BHF Keen on Long _term Cooperation with Iran in Mining Sector

      According to the report of public relations of IMIDRO, BHF’s senior directors met chairman of the board of IMIDRO, they expressed BHF is ready to cooperate with Iran in financing, commerce and consulting services of projects.
      As a result of lifting the sanctions, we met officials of Central Bank of the Islamic Republic of Iran in current days, so regarding the obtained opportunities we are seeking to broaden financial ties with Iran, Hans- Günter Wiesenack, BHF’s managing director and head of structured trade and commodity finance said.
      BHF cooperated with Iran in IRALCO, NICICO and Gol-e- Gohar projects. Coface and Hermes can help us as insurance arms for expansion of financial cooperation, he added.
      Regarding the BHF’s principal cooperation of this company is in long term period so plan would be prepared for 30-40 years, Wiesenack said.
      BHF’s managing director and head of structured trade and commodity finance stressed on resuming cooperation with Iran and willing to receive details of Iran’s mines and mining industries projects.
      During the meeting, chairman of the board of IMIDRO noted the Iranian President’s visit to Europe last year and said most financial challenges removed as a result of agreement documents signed by Iran and European firms and cooperation with Coface and Hermes insurance companies.
      Iran defines $30 billion projects in mines and mining industries sector such as steel, copper, aluminum, gold etc.; so we are ready to attract foreign investment and finance, Mehdi Karbasian added.

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