Iran has reached an agreement with the German Federal State of Sachsen to develop cooperation and invest in agricultural projects, including the processing and supplementary industries, said a report.

The arrangement was reached during a meeting between Iran’s Deputy Agriculture Minister Ali Akbar Mehrfard and German Minister of Agriculture and Environment Thomas Schmidt in Tehran, added the Iran Daily News report.

During the meeting, Mehrfard noted Iran produces some 120 million tonnes of crops each year, adding that Germany could help boost the sector by transferring modern technology, it said.

Schmidt said the two sides should work together to improve ties, noting that German companies and private sector seek trade and investment opportunities in Iran, particularly in food packaging and processing.

He also invited private businesses to visit Germany to learn more about Sachsen's technical and scientific capacities, added the report.