The Islamic Republic of Iran Shipping Line Group (IRISL Group) has dispatched a fourth shipment of Iranian exports to Venezuela.
The dispatch of the new shipment is taking place in line with the policies of the Iranian government under President Raisi to expand the presence of Iranian goods in the global markets.
The next Iranian shipment to Venezuela is reportedly scheduled to be sent to the Latin American country next month if the capacity is completed.
In late November, IRISL Group announced the launch of a direct shipping line to Venezuela.
The announcement said that the way the businesspeople from both sides welcome this shipping line would determine whether it would continue to operate or no.
IRISL Group has also said that the shipping line can operate regularly in case the businesspeople will welcome the launch of the line.
Iran and Venezuela signed a 20-year “cooperation road map” during a state visit by President Nicolas Maduro to Tehran in mid-June as the two oil-rich countries reeling under US sanctions pledged to boost bilateral ties.