Iran Shipping Lines sees business back to normal by mid-2017 | Daily Mail Online
▻http://www.dailymail.co.uk/wires/reuters/article-3878462/Iran-Shipping-Lines-sees-business-normal-mid-2017.html
Container shipping firm Islamic Republic of Iran Shipping Lines (IRISL) expects to have regained by the middle of next year the business lost while Iran was subject to international sanctions, its chairman said on Thursday.
International sanctions were lifted in January following an agreement with world powers on Tehran’s disputed nuclear programme.
“Step by step the problems have been resolved (since then), removing many restrictions and limitations,” Mohammad Saeidi told Reuters in an interview at the Danish Maritime Forum conference in Copenhagen.
“I think at the maximum in mid-2017 the whole thing would be in the normal manner (of) things.”
He said he hoped to see limitations on dollar transactions removed after next month’s U.S. presidential elections.
“That will be one of the U.S. commitments based on the agreement we signed last January ... This is a very certain commitment by the U.S.,” he said.