British, Sweden insurance firms negotiate to enter Iranian market
Baku, Azerbaijan, Oct. 11
By Fatih Karimov - Trend: Two British companies and a Sweden company have held talks with the National Iranian Tanker Company (NITC) to offer insurance service after lifting of sanctions.
Nasrollah Sardashti, a senior official at NITC, said the companies are among the most accredited members of the P&I club, Iran's IRNA news agency reported on October 11.
He added that representatives from renowned companies from Britain, Sweden, Italy, China, South Korea, Taiwan, and India have traveled to Iran and held talks with NITC officials. The companies are active in leasing ships, offering insurance services, and supplying fuel, he noted.
"We have also negotiated with a company in the field of Ships body insurance and machinery," he said.
Ali-Akbar Safaei, managing director of NITC, said on October 3 that the situation is provided for return of Iranian tankers to Europe.
"Plans for the post-sanctions era for the short term are based on resuming operation in markets which we lost as a result of the sanctions," he noted.
Safaei said in July that the nuclear deal with the P5+1 group and the adoption of the deal by the UN Security Council will open a new chapter in the Iranian economy and especially in the country's maritime industry.
NITC - a major transporter of Iran's oil - contested the EU's original blacklisting last year, arguing that the firm is privately owned by Iranian pension funds. It has denied any links with the Iranian government or with the Islamic Revolutionary Guards