Lufthansa Eyes Iran’s Market after Sanctions Lift
TEHRAN (Tasnim) – German airline Lufthansa has expressed willingness for presence and investment in Iran’s market in a bid to explore “further business and partnership opportunities” in the Islamic Republic following the termination of anti-Tehran sanctions.
“We have closely followed political developments regarding the lifting of sanctions, in particular the recent decisions by the European Union, US and Canada to remove barriers to trade and commerce. The Lufthansa Group is assessing the implications of the lifting of those sanctions on our business,” Lufthansa Spokesman Boris Ogurslky said as cited by ATW on Monday.
“We’re looking to expand our regional offering in the Middle East,” Ogursky said. “As a global company, we follow a long-term investment plan and are always interested in new opportunities,” he added.
There has been growing international interest in trade ties with Iran since Tehran and the Group 5+1 (Russia, China, the US, Britain, France and Germany) on July 14, 2015 finalized a comprehensive deal on Tehran’s nuclear program and implemented it on January 16.
The comprehensive nuclear deal, also known as the Joint Comprehensive Plan of Action (JCPOA), terminated all nuclear-related sanctions on Iran after coming into force.
