German government suspending state measures designed to support trade with Iran

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FILE PHOTO: Demonstrators hold a banner and flags during a protest following the death of Mahsa Amini in Iran, in Berlin, Germany, October, 22, 2022. REUTERS/Christian Mang

The German government is suspending state measures designed to support trade with Iran due to the suppression of nationwide protests in the Islamic republic, the economy ministry said on Friday.

The suspension will affect export credits and investment guarantees, as well as German management training and trade fair programs in Iran, the ministry said.

German-Iranian trade will reach a total of 1.76 billion euros ($1.87 billion) in 2021.

The death in custody of Iranian Kurd Mahsa Amini after she was arrested by morality police for violating Iran’s dress code has unleashed years of pent-up grievances in the country over issues ranging from tightening social and political controls to economic poverty and ethnic discrimination. minorities.

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