Parsian Azadi Hotel
Following the July 14 nuclear agreement between Tehran and world powers that allows the lifting of sanctions on Iran, the US has granted approval for soft drinks exports to Iran.
A distribution contract signed in September between ArKay Beverages and Sonateb Parsian Ltd was approved by the US recently.
ArKay Beverages that is headquartered in Florida, produces alcohol-free drinks. The approval allows export and re-exports of soft drinks from the US to Iran.
ArKay will export soft drinks to Iran and will benefit from accessing the Iranian market that has about 100 million consumers.
Since the 1990s, when the sanctions were imposed on Iran, US corporations were prohibited from exporting their beverages to Iran.
More on the post sanctions developments in Iranian beverages and packaging sector will be discussed at IRANPET (Iran PET Market, Applications & Recycling) on 11-12 April, 2016 in Tehran.
Contact Ms. Hafizah at hafizah@cmtsp.com.sg or call +65 6346 9218 for more information.