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Breakthrough international banking with Iran
National Iranian Tanker Company ready to cooperate with Europe
Iran-EU trade turnover jumps by 265% in 3 months
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EuroportBreakthrough international banking with Iran

Oberbank, one of Austria’s biggest banks, recently allocated a € 1 billion line of credit to finance investment projects in Iran, Austria’s Minister of Finance Hans Jorg Schelling announced in a meeting with his Iranian counterpart in Teheran. "Negotiations between the two countries’ central banks have also been finalised while there are a number of Austrian banks interested in establishing correspondent relations with Iranian banks” Mr. Hans Jorg Schelling said. Under his leadership a high-ranking Austrian delegation consisting of government officials and major Austrian banks recently travelled to Iran to promote bilateral trade, expand economic relations and resolve banking issues.

Iran's Foreign Minister Mohammad Javad Zarif & Austria's Minister of Finance Hans Jörg Schelling

Last year Mr. Helmut Steuer, Head of the Chamber of Commerce of Austria’s Vorarlberg region, already stated that key banks such as Bank Austria and Raifeissen Bank International would be specifically interested in cooperating with their Iranian partners.

The approach by international banks to enter the Iran market, is a direct result of the growing trade with Iran after the lifting of sanctions early 2016 and shows that Iran is making good steps to simplify and improve international bank transfers.

EuroportNational Iranian Tanker Company ready to cooperate with Europe

Mr. Sirus Kian-Ersi, CEO of the National Iranian Tanker Company (NITC) recently quoted: "We are ready to cooperate with European countries in all aspects.” He said that after implementation of the Joint Comprehensive Plan of Action (JCPOA) between Iran and world powers and lifting the related sanctions, the problems regarding insurance, flag, class, and international certificates of his company have been resolved. Mr. Sirus Kian-Ersi added "now, we can voyage in global waters with no problem; Moreover, Iranian tankers are again travelling to Europe, such as Spain and the Netherlands. Besides this, we are negotiating to enter new markets; several issues related to banks and transactions are also solved and we hope they are completely solved with the Iranian government support.”

EuroportIran-EU trade turnover jumps by 265% in 3 months

The total value of trade exchange between Iran and the 28-nation European Union (EU) over the first three months of 2017 has increased by 265 percent, a report released by the statistical office of the EU, Eurostat, showed. The total trade between Iran and the EU in the first three months of the current year amounted to €5.3 billion, showing a 265 percent increase compared to the same period in 2016, according to the report.

These impressive numbers underline that doing business in Iran is booming. The need for modernisation in the maritime industry is huge and the demand for technological renewal is equally high. IRANIMEX2017, powered by Europort is the leading maritime event in the wider region and offers a timely stepping stone to get in business with Iran. Read the brochure.

EuroportParticipate now!

IRANIMEX, powered by Europort offers fully equipped and ready build stand options for your convenience. You will be able to be a host to your new potential business partners in luxury stands built with high quality materials and a keen eye for esthetics. Exhibitors can choose for BASIC, PREMIUM or DELUXE stand packages that offer value for money and tangible returns on investment. Act now and reserve your preferred stand option today. Download the participation form or check the floor plan.

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Rotterdam Ahoy is the official and exclusive overseas partner in IRANIMEX.