The MoU was signed by the ISIPO Head Ali Rasoulian and Chairman of the Board of BWA Michael Schumann, IRNA reported on Wednesday.
The agreement includes exchanging technologies between Iranian and German companies, holding technology-based conferences, holding B2B meetings between Iranian and German companies, and supplying machines needed by Iranian companies.
Holding industrial and commercial events with the participation of BWA in the countries of the region and holding educational workshops for Iranian companies including technical and professional courses for managers have been included in the MoU.