ADD ANI AS A TRUSTED SOURCE
googleads
Menu
Middle East

Iranian companies urge India, global bodies to help lift US sanctions

They urged India and global bodies to play a constructive role in facilitating smoother trade relations and restoring fair market access for Iranian exporters.

ANI May 01, 2025 02:36 IST googleads

Mohammad Kaboli, Managing Director, Modiran Polymer (Photo/ANI)

Tehran [Iran], May 1 (ANI): Iranian companies have called on the Indian government and international organisations to help lift US-imposed sanctions that are hindering their global trade operations.
Industry leaders from firms such as Modiran Polymers and Mobarakeh Steel Group emphasised the urgent need for support in removing these restrictions, which have severely limited their ability to conduct financial transactions, access shipping services, and engage directly with international markets.
They urged India and global bodies to play a constructive role in facilitating smoother trade relations and restoring fair market access for Iranian exporters.
Speaking to ANI, Mohammad Kaboli, Managing Director of Modiran Polymer, says that they want to do business with India, but due to US sanctions, they can't do business with India directly.
"India is a good country, but we can't do business due to US sanctions. We have to use the Dubai transit route, because we have a problem with the money transaction and transportation. Due to sanctions, very few shipments come to Iran for the transportation of goods," he said.
He added that traders who are coming to our stall in the Iran Expo are showing good quality products.
"Our purpose is to increase our client base and export. Our only request to the government is to solve some problems so that companies like ours can work easily for export. We want to make easy money transfers, as there is no system to transfer money to Iran through SWIFT. Iran and the US are engaged in negotiations, and we hope that negotiations between Iran and the United States will solve everything", he said.
Speaking exclusively to ANI on the sidelines of the Iran Expo, Abouzar Alvandi, Export Head for Far East and Middle Asia at Mobarakeh Steel Group, said, "Due to these sanctions by the US and EU, we face difficulties in financial transactions, particularly through the SWIFT system. As a result, we're often forced to export indirectly via third-party traders instead of directly to end users, who fear being blacklisted under US sanctions," he said.
He also pointed to logistical challenges, especially in maritime shipping. "Very few ship owners are willing to work with Iranian companies or send vessels to Iranian ports, which severely hampers our operations," he noted. (ANI)

Get the App

What to Read Next

US

Trump describes Michigan synagogue attack as "terrible"

Trump describes Michigan synagogue attack as

Speaking at a Women's History Month event at the White House, the US president said he had been fully briefed on the situation and described the incident as "terrible."

Read More
Asia

PM Modi speaks to Iranian President Pezeshkian

PM Modi speaks to Iranian President Pezeshkian

"Had a conversation with Iranian President, Dr. Masoud Pezeshkian, to discuss the serious situation in the region. Expressed deep concern over the escalation of tensions and the loss of civilian lives as well as damage to civilian infrastructure," PM Modi posted on X.

Read More
Asia

India consistently supported Maldives in crisis: Mohamed Nasheed

India consistently supported Maldives in crisis: Mohamed Nasheed

He highlighted India's role as a "first responder" for the Maldives, emphasising that India's support during critical periods has been fundamental to the stability and security of the island nation.

Read More
US

Ending Iran's nuclear ambitions over oil profits: Trump clarifies

Ending Iran's nuclear ambitions over oil profits: Trump clarifies

In a post by the White House, President Trump, while acknowledging that the United States is currently the world's leading oil producer and stands to benefit financially from higher crude prices, emphasised that his administration's overriding mission remains the permanent dismantling of Iran's nuclear program.

Read More
Asia

India rushes to safeguard 9,000 nationals in Iran

India rushes to safeguard 9,000 nationals in Iran

India on Thursday highlighted a high-level diplomatic push to protect Indian interests, emphasising the twin priorities of citizen safety and the stability of energy supply chains.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.