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The transport sector is key to Iran’s post sanctions gold rush

Jonathan Moss and Nasim Bazari look at how Iran is a potentially dominant force in the transport sector.

Iran is rich in commodities to trade, low in debt, in need of rejuvenation and updating and in need of creation of jobs. But with a ready-to-work and vast population at working age its transport sector is ripe for growth.

In 2008, two years after the UN sanctions were introduced, approximately one million people worked in Iran’s transport industry and the sector accounted for nine per cent of Iran’s GDP. It is therefore a sector of great value and thus of great importance to Iran. Whilst focus on the Iranian economy tends to sway towards its oil and gas industry, the transport sector is often overlooked.

Read the full article at asiahouse.org »

For more information contact Jonathan Moss or Nasim Bazari

Iran Transport Sector Asia House

 

This information is intended as a general discussion surrounding the topics covered and is for guidance purposes only. It does not constitute legal advice and should not be regarded as a substitute for taking legal advice. DWF is not responsible for any activity undertaken based on this information.

Jonathan Moss

Partner - Head of Transport Sector

I act for international traders, charterers, shipowners, insurers and reinsurers, handling commercial disputes. I also advise on day-to-day issues arising in the context of the sale of goods and their transportation.