DHL to Tap Iranian Import Market for European Companies
DHL Freight is enabling streamlined access to the Iranian market for European companies by installing two competence centers at its gateways in Frankfurt, Germany, and in Istanbul, Turkey.With the reduction of economic sanctions and the positive development of trade in Iran, the demand for logistics solutions is increasing. DHL Freight supports companies exporting their goods to the region by offering pan-European less-than truckload and full truckload services as well as weekly departures for groupage shipments.“The recent political and economic developments present great potential for doing business,” said Amadou Diallo, chief executive officer of DHL Freight. “With its years of expertise our competence centers want to support companies realizing this potential by expanding their trade relations in Iran.”DHL Freight defined multiple core services such as weekly departures of groupage shipments to Tehran from the gateway in Maintal. The DHL Freight services also cover transportation of dangerous goods, temperature controlled shipments, warehouse logistics, customs clearance, and GPS tracking of cargo.The German-Iranian economic relations have evolved historically.
About 30 percent of the industrial infrastructure in Iran is made in Germany. With the enforcement of international sanctions, the economic relationship slowed down since 2007 and only started a positive development in 2014 with a trading volume of £2.93 billion. In 2015 this amount decreased again by 10 percent.With the Joint Comprehensive Plan of Action, the sanctions on Iran are now being lifted in multiple phases.
The second phase will be completed by October 2023 and the full removal is scheduled for 2025.
- ^ DHL Freight (www.globaltrademag.com)
- ^ enforcement of international sanctions (www.globaltrademag.com)
- ^ Joint Comprehensive Plan of Action (www.globaltrademag.com)