News / Non-US forwarders must scrutinise their businesses if they want to trade with Iranian companies

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Freight forwarders serving the Iranian trades have been advised to scrutinise their business with firms in the country, in preparation for the re-imposition of US sanctions following Donald Trump’s decision to withdraw from the Joint Comprehensive Plan of Action (JCPOA).

The JCPOA allowed a series of economic sanctions on Iran to be removed in exchange for the country halting its nuclear weapons enrichment programme.

Daniel Martin, partner at international law firm HFW, which specialises in transport and logistics, told The Loadstar that forwarders should ...