Thursday, October 20, 2016

Supply Chain and Logistics Group Aims to Capitalise on Improved Relations with Iran

New Competence Centres Set Up as Market Opens
Shipping News Feature
GERMANY – IRAN – TURKEY – DHL Freight has announced that in response to improvements in relations between Europe and Iran they are installing two competence centres at their offices in Frankfurt and Istanbul to assist European exporters exploit a market which is seeing a burgeoning expansion of trade. DHL Freight is also offering pan-European part- and full truck loads as well as weekly departures for groupage shipments. Amadou Diallo, Chief Executive Officer, DHL Freight said:

"We are delighted about the new possibilities arising in the Iranian market. The recent political and economic developments present great potential for doing business. With its years of expertise our competence centres want to support companies realizing this potential by expanding their trade relations in Iran.”

Historically German-Iranian trade was substantial until 2007, when sanctions were enforced in response to Iran's nuclear programme, with about 30% of Iran’s industrial infrastructure being made in Germany. As restrictions are lifted German exporters hope to renew this previous relationship and once again enjoy a strong position with the major Middle Eastern nation.