Protests in Iran are currently having no impact on trade ties with Germany, German engineering association VDMA said on Thursday, adding that it remained unclear whether demand from Iran for German machinery would slow in the coming months.
Existing contracts from Iran were being completed, it said.
"At present, it is not possible to conclusively assess whether Iranian business is reducing or deferring its investments due to the domestic political situation," VDMA trade expert Ulrich Ackermann said.
Over the last six days, the demonstrations -- which have included acts of violence -- have spread to other Iranian cities and in some cases have taken an increasingly anti-government tone.
At least 21 people have been killed -- including a police officer -- while hundreds more have reportedly been detained.
Earlier Wednesday, thousands of Iranians took part in pro-government rallies in the cities of Abadan, Ahwaz, Kermanshah, Gorgan and Khorramabad.
On the same day, Mohammad Ali Jafari, the head of Iran’s elite Revolutionary Guard Corps, accused the U.S. and Saudi Arabia of instigating the protests.
