“Back then, we all suffered from the sanctions,” says Shamim Rahami, managing director of Iranian Silk Road, a logistics company dealing mainly with the import of building materials and auto parts to Iran, and export of bitumen worldwide.

“Many industries were forced to shut down because nobody would sell commodities and materials to them, and companies could not work with the international banking system. But today, the economic situation is improving and I am sure things will continue to get better.”

Iranian Silk Roads was one of the first companies to resume business with Maersk Line when it re-entered the Iranian market last year, having been forced to pull out in 2012 due to global sanctions on Iran.
Opening up to the world
The comprehensive sanctions programme placed on Iran by the US and the EU hit the country hard, crippling its economy and leading to shortages and high prices for commodities such as food, fuel, and medicines.
Yet now, with the announcement of a finalised nuclear deal, which has lifted sanctions in exchange for Tehran curtailing its nuclear program, Iran is once again opening up to the world.

Iran: Facts & Stats
Capital: Tehran (picture)
Population: 80 million
Main exports: Oil and natural gas – Iran has the third largest proven gas reserves and oil reserves in the world. Other exports include chemicals, plastics and fruits. Iran mainly exports to Taiwan, China, Turkey, South Korea and India.
Main imports: Machinery, cereals, iron and steel, chemicals. Main import partners are the UAE, China, South Korea, Turkey and Germany.
“Maersk Line is well-known for its consistent compliance program, but we apply extra caution to the Iranian project. At every step we are leaving no stone unturned to validate any piece of information related to Iran transactions

more at: https://www.maerskline.com/news/2017/09/26/back-in-business-on-the-silk-route