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Iran to have textile exchanges with Switzerland

Switzerland’s textile machinery producers have been long-term partners of Iranian textile companies. With export to Iran in 2015 totaling 6.4 million Swiss francs, Switzerland remains a significant provider of technology to the country and is anticipating the Iranian industry to account for a larger share of its global export sales total of more than a billion Swiss francs in the coming years.

The textile industry of Iran is ready for a new beginning and determined to achieve future progress in technology and global market penetration following the recent ending of international sanctions which hampered its development. Transfer of funds between the two countries was one of the major hurdles during the sanctions period.

The Iranian textile industry welcomes Swiss cooperation. In the recent past, the industry had had to rely on technology from low-level suppliers in other countries. Companies in Iran are hungry for both know-how and the latest technology in areas like synthetic fiber production and melt spinning which is part of a critical and high value added market. And they feel Swiss companies are ideal for meeting these requirements.

Delegates from the two countries have had frequent exchanges of technical and business information.