Middle East
IRISL confident EU ban will end
Dubai: Islamic Republic of Iran Shipping Lines (IRISL) is preparing for a lifting of an EU embargo on the line. IRISL’s director general Muhammad Hasan Dajmr said the company is ready to get back on more of an international footing following the recent verdict from the EU’s second highest court which dismissed claims that the company was involved in shifting weapons and helping Iran’s nuclear programme. While Europe is not that important a destination for IRISL, Dajmr said he was looking forward to trading back to the continent within a couple of months. [02/10/13]