What is P5+1??



The P5+1 is a group of six world powers which in 2006 joined the diplomatic efforts with Iran with regard to its nuclear program. The term refers to the P5 or five permanent members of the UN Security Council, namely United States, Russia, China, United Kingdom, and France, plus Germany. P5+1 is often referred to as the E3+3 (or E3/EU+3) by European countries.
China, Russia, and the United States joined the three EU3 countries in June 2006 to offer another proposal for comprehensive negotiations with Iran.
Up to now, the UN Security Council has adopted six resolutions in response to the Iranian nuclear program.
Germany is the key trading partner of Iran. Iran's nuclear program depends mainly upon German products and services. For example, the thousands of centrifuges used to enrich the uranium are controlled by Siemens . Around 50 German firms have their own branch offices in Iran and more than 12,000 firms have their own trade representatives in Iran. Several well-known German companies are involved in major Iranian infrastructure projects, especially in the petrochemical sector, like Linde, BASF, Lurgi, Krupp, Siemens, ZF Friedrichshafen, Mercedes, Volkswagen and MAN (2008).


In 2005, Germany had the largest share of Iran's export market with $5.67 billion (14.4%).[8] In 2008, German exports to Iran increased by 8.9 percent and comprised 84.7 percent of the total German-Iranian trade volume. The overall bilateral trade volume until the end of September 2008 stood at 3.23 billion euros, compared to 2.98 billion euros the previous year.[7][9] The value of trade between Tehran and Berlin has increased from around 4.3 billion euro in 2009 to nearly 4.7 billion euro in 2010.[10]