Iran is definitely a country that's full of many great business and trade opportunities. With a domestic market of more than 65 million people, 21 trillion cubic meters (15 percent) of the world's known gas reserves, 93 billion bbl (9 percent) of the world's proven oil reserves, and 11 petrochemical complexes that are producing 13 percent of the Gulf region's petrochemical output, its potential for business and growth is unrivalled, not to mention having the second, ninth, and largest deposits of copper, iron, zinc in the world, respectively. However, foreign investors often have difficulty turning Iran's potential into real, concrete business plans simply because they don't pay close enough attention to the administrative and legal aspects of these business opportunities.
With these kinds of opportunities just waiting to be explored in Iran, demand is high for foreign businesses that are willing to meet its demands. One of the main things you should remember when trying to establish business relationships in Iran is showing genuine commitment to the business endeavor. This means investing heavily in business development. Iran has three major free trade zones, namely Chabahar, which is a port city near the border to Pakistan, Kish, which is an island in the Persian Gulf, and Qeshm, which is an island in the Strait of Hormoz. The port of Chabahar is the most strategically placed for trade and is the only Iranian port that has a direct access to the ocean. It is ideally situated for trade with Iran and the rest of Asia, which is why many companies choose to set up business in its free trade zone.
There are companies that can help your company, regardless of your size and scope with different, innovative, out-of-the-box, and cost-effective import and export solutions to maximize your business opportunities in Chabahar. Many of these agencies specialize in business partnerships within and beyond Iran, offering freight forwarding services and a long list of other supply chain solutions and custom brokerage services to help your businesses tap into the larger international market. These partnerships can be beneficial if you wish to see rapid growth in your business and explore even greater opportunities for trade in and beyond the region. Negotiating services and terms with foreign cultures can be extremely challenging, which is why you need the help of locally based organizations, which can serve as gateways to business trade in your target location or network.
About the author:
Javaneh Motaghi is the E-commerce representative at White Rose Group established in 1992 to offer businesses and organizations, whether SME or large corporate enterprise, a unique cost-effective Import and Export solution covering the width and breadth of Iran, through having branches in four different locations of Iran; Tehran, Chabahar, Bandar Abbas and Sari."