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Swiss machinery impresses Iran at Irantex

Switzerland’s textile machinery manufacturers exhibited in their own pavilion at Irantex, September 4 to 7. A total of 13 Swiss companies took part. Among them were Jakob Müller, Benninger, Luwa, Saurer, and Drop Chemicals. The exhibition attracted wide international participation and Switzerland’s special pavilion – its first after a decade – helped its companies make a strong impression on trade visitors. Business contacts were enhanced and some notable project negotiations were finalized.

SERV, the Swiss Export Credit Insurance organisation, secures exports of Swiss companies against political and transfer risks, as well as payment losses, and provides additional liquidity for specific export deals.

SERV has many years of very positive experience with Iranian buyers. At Irantex it was able to present the available services for transactions between Swiss and Iranian companies and facilitate talks about the markets, politics and customs of Iran.

Following the ending of international sanctions on Iran at the start of 2016, there has been a move toward reintroducing and expanding financial and trade frameworks to allow the Iranian textile sector to upgrade its technology levels. Customer interest in high-quality and technology-driven machinery is strong. There is even a strong desire to overcome the financial complexities to enable the Iranian industry to take advantage of imported products.