Note: CMA CGM completely shuts down Iranian cargo! Iran also banned the import of 1,339 kinds of goods! ! !
In May of this year, Trump announced that the United States will withdraw from Iran’s nuclear agreement and impose sanctions on Iran’s highest level.
Subsequently, in order to avoid US sanctions, many shipping companies have successively withdrawn from Iran. For example: Maersk Tanker and Torm, Maersk Line (container), Mediterranean Shipping MSC, also announced the suspension of Iran, Hapag-Lloyd also decided to reduce Iranian business.
On May 17, the head of Maersk’s container shipping department said in an interview: “According to the sanctions that the United States will impose on Iran, if there is trade with the United States, we can no longer have trade ties with Iran. We have many such I don't know exactly when to stop trading in Iraq, but this is an imperative."
According to an internal email received from CMA CGM, CMA Crew has decided to fully stop Iranian cargo. The headquarters will publish official detailed implementation measures later.
According to an agreement in 2015, the United States and five other world powers agreed to cancel Iran’s sanctions in exchange for Iran’s abandonment of its nuclear program. The U.S. government said this year that it will withdraw from the agreement and will implement sanctions again.
Insiders analyzed that the U.S. sanctions against Iran also had a major impact on the shipping industry. Shipping companies generally expressed deep concern over the incident and are also stepping up their review of business dealings with Iran and assessing the possibility of this incident. Impact on self.
If sanctions are fully implemented, the U.S. sanctions against Iran will also affect the following sectors from November: Iran’s ports, transport ships and dock industry, including the national tanker ship IRISL and its subsidiaries; “oil related transactions” including Iran National Oil Corporation and Iranian National Tanker Transport Corporation NITC; Financial Transactions of Foreign Financial Institutions and Iranian Central Bank; Iranian Energy Sector.
In addition, the Iranian side has also issued new regulations that will ban the import of 1,339 kinds of products. According to an official document cited by the Financial Tribune newspaper, Iranian Minister of Industry and Trade Mohammad Shariatmadari Mohammad Shariatmadari announced that he will impose a ban on the import of 1,339 products that can be produced in the country.
According to the Tehran Times Tehran Times report, the prohibited products mainly include:
1- Clothing, Textiles
2-kitchen supplies
3-Hardware Tools
4-Equipment Tools for Housing Construction
5-car
6-Shoes, Bags & Cases
7-cosmetics
8-part domestically produced machinery and equipment
9-Dairy products and food
10- Furniture and Wood Products
The car refers to the vehicle. For those products that have previously completed the import filing and have not received the foreign exchange quota, they will directly cancel their import filing. It aims to protect domestic manufacturing and strictly control foreign exchange outflows.
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