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Iran-Brazil trade ongoing despite coronavirus, int'l restrictions

Business Materials 30 July 2020 16:50
Iran-Brazil trade ongoing despite coronavirus, int'l restrictions

TEHRAN, Iran, July 30

Trend:

Iran and Brazil trade is ongoing despite the coronavirus spread, head of Iran and Brazil Joint Chamber of Commerce Kaveh Zargaran said in an interview with Trend.

"The trade has not been halted. Brazil always has provided good quality commodities. The country is one of Iran's important suppliers that provide necessary goods," he said.

"Iran imports meat, grain, corn, soybeans, different types of crude vegetable oil including soy and sunflower seed oil," he said.

"The trade is done via cargo ships and never stopped during coronavirus spread. Iran has been constantly importing meat, grain and corn from Brazil," he said.

"The goods are mostly imported via intermediary third company or third country, therefore trade transactions with Iran have no problems, as far as sanctions are concerned," he said.

"There are also some international companies that export goods to Iran directly from Brazil but food items are not sanctioned. Although the trade is not carried out as normal, it is ongoing by paying some extra costs," he said.

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