Foreign companies returning to Iran’s ports
Following the recent thaw in Iranian-western relations and the signing of the nuclear deal in ...
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Hopes that banned container line Islamic Republic of Iran Shipping Lines (IRISL) would be allowed to re-enter European box trades were dashed yesterday when the Council of the European Union relisted the company under its amended sanctions list.
In September, the company won an appeal in the European Court of Justice against its original inclusion on the list of sanctioned entities, after arguing that the council had failed to provide adequate evidence to support allegations that the carrier had been involved ...
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