Iran welcomes increasing number of foreign vessels

Number of foreign shipping lines berthing in Southern Port rising.
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 Iran says the number of foreign trade vessels berthing at the country’s Southern port of Shahid Rajayee has considerably increased.

"The shipping lines of countries like India, China, Taiwan and South Korea are sending more vessels to Iranian ports," Deputy Head of Iranian Ports and Maritime Organisation Ali Jahandideh told Iran’s Farsi News Agency.

He said the Iranian Ports and Maritime Organisation is planning to further increase the presence of foreign shipping lines in Shahid Rajayee Port by working closely with the foreign ministry.

"We have communicated with the world countries through the Iranian foreign ministry and the country's embassies abroad to pave the way for increased presence of shipping lines in Shahid Rajayee port," Jahandideh said.

He underlined that the Iranian Ports and Maritime Organisation has many plans to attract foreign shipping lines and boost their operations at Iranian ports.

In January, Iranian Deputy Economy Minister Behrouz Alishiri underlined the upward trend of foreign investment in Iran despite the US-led unilateral sanctions against the country.

Alishiri pointed to the willingness of foreign investors to return to the Iranian market.

“The negative effects on (the economies of) the countries that have imposed sanctions on Iran have been much greater than Iran and we have learnt big lessons from the sanctions, including quitting oil-dependent economy as has been required by the Fifth Five-Year Economic Development Plan (2010-2015)," Alishiri said.

He referred to the programs of the Iranian Investment Organisation for attracting further foreign investment.

“Dispatching economic attaches to target countries to persuade and enhance attraction of foreign investment, paving the way for the visit of World Bank experts to Iran, holding joint economic commission with China … are among the organisation’s measures.”

Head of the Trade Development Organisation of Iran Valiollah Afkhamirad also stressed that implementation of the Geneva nuclear deal sealed by Iran and the Sestet of the world powers late in November has provided very good opportunity for the presence of international investors in Iran.

“After Geneva deal with the western governments, a suitable atmosphere has been provided for activity of investors in Iran and they have become highly interested in business with Iran,” the Iranian official said at a meeting of Confederation of the Asia-Pacific Chambers of Commerce and Industries.

Afkhamirad further said that if the foreign investors register their company in Iran, they will enjoy equal terms with Iranian companies.

He said that free trade zones and special economic zones would put good facilities at the disposal of foreign investors and economic activists.

On November 24, Iran and the world powers sealed a six-month Joint Plan of Action to lay the groundwork for the full resolution of the West’s decade-old dispute with Iran over its nuclear energy program. In exchange for Tehran’s confidence-building bid to limit certain aspects of its nuclear activities, the Sextet of world powers agreed to lift some of the existing sanctions against Tehran and continue talks with the country to settle all problems between the two sides.

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