Iran to launch direct container shipping route to Brazil

“The launch of a direct shipping route between Iran and Brazil will be a major positive development in trade ties between the two countries,” a member of Iran-Brazil Joint Chamber of Commerce Hamed Qaderi said.

He said that the Islamic Republic of Iran Shipping Line (IRISL)  decision to set up offices in Brazil could help Iranian exporters and businesses to expand their presence in the Brazilian market.

“Given the correspondences and efforts carried out, we hope this could happen in July,” Qaderi added.

Iran and Brazil have trade cooperation that amount to billions of dollars per year.

Brazil is a major supplier of corn and beef to Iran while Iran supplies petrochemicals, including highly-needed urea shipments to Brazil’s agriculture sector.

Most exported products to Iran | Jan 2022 – Dec 2022 | WTMT

Source: DataLiner (click here to request a demo)

The IRISL has sought to expand its routes in recent years in line with Iran’s efforts to boost its foreign trade and cargo transit revenues and as the country seeks to diversify away from crude exports.

The state-run company has launched offices in Russia and India as part of programs to activate the International North–South Transport Corridor, a route that passes through the Iranian territory.

Source: Fars News Agency

To read the original news report, click on: https://www.farsnews.ir/en/news/14020122000290/Iran-Lanch-Direc-Carg-Shipping-Line-Brazil

Sharing is caring!