France Shipping Group to Resume Service to Iran

TEHRAN (Tasnim) - The world's third-largest container shipping group CMA CGM plans to continue its trade activities with Iran following the conclusion of nuclear talks between the Islamic Republic and six world powers, media reports said.

France Shipping Group to Resume Service to Iran

"Following the recent positive developments involving Iran and the P5+1 Group - comprising the US, China, France, the UK, Germany and Russia - and with the conclusion of the joint comprehensive plan of action, CMA CGM Group has decided to resume service to Iran starting (at the) beginning August 2015," France's CMA CGM said in an email, Reuters reported.

Iran and the Group 5+1 (Russia, China, the US, Britain, France and Germany) on July 14 reached a conclusion on a lasting nuclear agreement that would terminate all sanctions imposed on Tehran over its nuclear energy program after coming into force.

The promising prospect of trade with Iran has prompted major European countries to explore the market potential in the populous Middle East nation.

Earlier in July, a high-ranking German delegation led by Vice-Chancellor Sigmar Gabriel visited Iran as the first foreign delegation in Tehran after the nuclear conclusion.

Spain has also plans to send its ministers of trade, energy and tourism, along with a 40-strong trade delegation, to Iran in early September.

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