MJK Law Firm according to IRNEWS presents: Iran’s export of iron to neighboring countries has grown by 100% in the first four months of 2023, according to the Director General of Ports and Maritime Affairs Ali Askari.
In the first four months of this year, 142,000 tons of round bars were exported to neighboring countries, which was 140,000 tons in the whole previous year. This represents a significant increase in Iran’s iron exports and is a testament to the country’s growing economic strength.
This represents a major breakthrough for Iran’s economy, which has been struggling under sanctions imposed by the United States. The increase in exports is also a testament to the growing demand for iron in the region, as neighboring countries such as Turkey, Iraq, and Afghanistan are all experiencing rapid economic growth creating demand for Iran’s Iron export.
The Director General of Khorramshahr Port and Maritime announced the efforts to make maximum use of the capacities of Khorramshahr Port and welcome investors with the aim of creating the development and prosperity of this city.
Khorramshahr Port is a major port in Iran, located on the Arvand Rud (Shatt al-Arab) waterway. The port is the gateway to Iran’s oil-rich Khuzestan Province, and it is also a major hub for the export of iron ore.
MJK Law Firm can help foreign businesses navigate the complex Iranian legal system and secure the necessary permits to export iron from Iran. We have a team of experienced lawyers who can help you with all aspects of your investment, from due diligence to contract negotiation to dispute resolution.
Contact MJK Law Firm today to learn more about how we can help you export iron ore from Iran.