Iran’s IRISL to launch direct container shipping route to Brazil
The Islamic Republic of Iran Shipping Line (IRISL) is planning to launch a direct container route to Brazil, according to a businessman with the knowledge of the matter.
Hamed Ghaderi, a member of Iran-Brazil Joint Chamber of Commerce, said on Monday that the launch of a direct shipping route between Iran and Brazil will be a major positive development in trade ties between the two countries.
Ghaderi said the IRISL’s 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,” Ghaderi said.
Iran and Brazil have trade ties 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.
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.
Raeisi attends inauguration of Iran-built mega multipurpose project in Sri Lanka
Iran releases details of confiscated Israeli transit cargo
Opportunities of 25-year partnership for Iran and China
VIDEO | Press TV's news headlines
US troopers crack down on pro-Palestinian protests at University of Texas
VIDEO | German warship departs Red Sea as EU 'naval mission' fails
VIDEO | Palestinians inspect rubble of destroyed building in Rafah
Yemeni forces strike US, Israeli vessels in fresh pro-Palestinian operations
‘Say no to Biden’: US college being pressed not to endorse genocide
VIDEO | UN: Alarming food insecurity crisis grips Afghanistan
VIDEO | Stuck in quagmire
This makes it easy to access the Press TV website
