Australia

"The United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) today announced a settlement with Toll Holdings Limited (“Toll”), an international freight forwarding and logistics company headquartered in Melbourne, Australia.  Toll agreed to remit $6,131,855 to settle its potential civil liability for 2,958 apparent violations of the Iranian Transactions and Sanctions Regulations, the North Korea Sanctions Regulations, the Syrian Sanctions Regulations, the Weapons of Mass Destruction Proliferators Sanctions Regulations, and the Global Terrorism Sanctions Regulations.  The apparent violations occurred when Toll originated or received payments through the U.S. financial system involving sanctioned jurisdictions and persons.  These payments were in connection with sea, air, and rail shipments conducted by Toll, its affiliates, or suppliers to, from, or through the Democratic People’s Republic of Korea, Iran, or Syria, or the property or interests in property of an entity on OFAC’s list of Specially Designated Nationals and Blocked Persons.  The settlement amount reflects OFAC’s determination that Toll’s apparent violations were non-egregious and voluntarily self-disclosed." (US Treasury Department, "Settlement Agreement between the U.S. Department of the Treasury’s Office of Foreign Assets Control and Toll Holdings Limited," 4/25/22)

"An economic delegation led by New Zealand’s Primary Industries Minister Nathan Guy is scheduled to arrive in Tehran on Saturday to scope out trade opportunities in agriculture and dairy industries, Iran’s ambassador to New Zealand, Jalaledin Namini Mianji, announced.  The delegation includes, among others, the representative of Fonterra Cooperative Group, the world’s largest dairy exporter.  'Iran’s butter imports from Fonterra once reached $150 million a year, making it the biggest customer of the company. Encouraging the company to invest in northern Iranian provinces like Golestan has been pursued by the Iranian Embassy in Wellington,' IRNA quoted Mianji as saying." (Financial Tribune, "New Zealand Economic Mission Due in Tehran," 2/23/2017).

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"Fonterra is well positioned to increase its trade in Iran following the lifting of trade sanctions, it says….Fonterra managing director of global ingredients Kelvin Wickham said Iran was a valuable trading partner and a key butter market for Fonterra, with sales of $150 million." (January 2016)
 

Servcorp, an Australia-based multinational organization that sells serviced office space, virtual office products and IT services, officially inaugurated its first branch in the Iranian capital city of Tehran on Dec. 3. The company is planning to open 10 branches in Iran, as business relations between Iran and Australia are expected to strengthen, Trend News Agency reported. Australian Ambassador in Tehran Jan Biggs attended the ceremony that gathered some international businessmen and clients. (Financial Tribune, "Servcorp Opens 1st Tehran Branch," 12/7/2016).

In 2017 Blackmores announced a new partnership in Iran with Tasnim Pharma, one of the fastest growing life sciences companies in the Middle East

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"Iran and Australia have signed fresh agreements to forge closer ties, with Australian Trade Minister Steve Ciobo announcing the dawn of a new age of relationship. Ciobo is leading a trade delegation of more than 20 companies to Tehran, seeking out opportunities, buoyed by the prospects in Iran's mining, oil and gas, and other industries as well as the near 80 million population... Australian natural health company Blackmores became one of the first businesses to secure a deal with local firm Tasnim Pharm, allowing it access to Iran’s market for vitamins and dietary supplements that is estimated to be worth at least $585 million a year." (Press TV, "Australia hails 'dawn of new age' in Iran ties," 9/28/2016). 

May 2017 – “Around 1,147 cochlear devices were implanted in persons with damaged hearing at authorized centers over the past fiscal year that ended on March 20, with financial assistance from the Health Ministry’s so-called Iran Board of Trustees for Patient Treatment.”

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"Iran and Australia have signed fresh agreements to forge closer ties, with Australian Trade Minister Steve Ciobo announcing the dawn of a new age of relationship. Ciobo is leading a trade delegation of more than 20 companies to Tehran, seeking out opportunities, buoyed by the prospects in Iran's mining, oil and gas, and other industries as well as the near 80 million population...Representatives of Australia's flagship carrier Qantas Airways, global biotechnology company Cochlear, GrainCorp agribusiness company, Australian Livestock Export Corporation Ltd (LiveCorp) and the universities of Melbourne and Sydney are also tagging along..." (Press TV, "Australia hails 'dawn of new age' in Iran ties," 9/28/2016). 

"Iran and Australia have signed fresh agreements to forge closer ties, with Australian Trade Minister Steve Ciobo announcing the dawn of a new age of relationship. Ciobo is leading a trade delegation of more than 20 companies to Tehran, seeking out opportunities, buoyed by the prospects in Iran's mining, oil and gas, and other industries as well as the near 80 million population...Representatives of Australia's flagship carrier Qantas Airways, global biotechnology company Cochlear, GrainCorp agribusiness company, Australian Livestock Export Corporation Ltd (LiveCorp) and the universities of Melbourne and Sydney are also tagging along..." (Press TV, "Australia hails 'dawn of new age' in Iran ties," 9/28/2016). 

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Trade Minister Steven Ciobo is leading a business delegation to Iran this week in a bid to secure an early advantage for Australian companies looking for deals as the market of 80 million people re-enters the global economy. Mr Ciobo saidthe lifting of punitive sanctions following a deal to restrict the scope of Tehran’s nuclear aspirations meant there was “significant potential” from an Iranian re-engagement with the international community. The trade mission to Tehran is the first to the Islamic republic by an Australian trade minister since 2002, and follows the trip by Foreign Minister Julie Bishop in April in which she sought to recalibrate the relationship and persuade Tehran to take back hundreds of Iranian asylum-seekers. Mr Ciobo will use his visit to talk about trade with his Iranian counterpart, Mohammad Nematzadeh, and reopen Austrade’s office in Tehran to help Australian companies in doing business in the $US393 billion ($515bn) economy. Executives from GrainCorp, WorleyParsons, LiveCorp, Oil Search, Qantas, Sydney University and Rubicon Water will travel with Mr Ciobo tomorrow. (The Australian, "Steven Ciobo heads to Tehran to get jump on trade rivals," 9/25/2016).

In March 2017 AWP agreed to fund a proposal for providing a plan for the Iran-Australia Water Program to the Iran Minister of Energy.

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"Iran and Australia have signed fresh agreements to forge closer ties, with Australian Trade Minister Steve Ciobo announcing the dawn of a new age of relationship. Ciobo is leading a trade delegation of more than 20 companies to Tehran, seeking out opportunities, buoyed by the prospects in Iran's mining, oil and gas, and other industries as well as the near 80 million population...Australian Water Partnership seeks to capitalize on historically strong economic ties to stake out a share of business opportunities in Iran." (Press TV,  "Australia hails 'dawn of new age' in Iran ties," 9/28/2016)

"Iran and Australia have signed fresh agreements to forge closer ties, with Australian Trade Minister Steve Ciobo announcing the dawn of a new age of relationship. Ciobo is leading a trade delegation of more than 20 companies to Tehran, seeking out opportunities, buoyed by the prospects in Iran's mining, oil and gas, and other industries as well as the near 80 million population...Companies such as Woodside Petroleum, engineering company WorleyParsons and Australian Water Partnership seek to capitalize on historically strong economic ties to stake out a share of business opportunities in Iran." (Press TV,  "Australia hails 'dawn of new age' in Iran ties," 9/28/2016)

Trade Minister Steven Ciobo is leading a business delegation to Iran this week in a bid to secure an early advantage for Australian companies looking for deals as the market of 80 million people re-enters the global economy. Mr Ciobo saidthe lifting of punitive sanctions following a deal to restrict the scope of Tehran’s nuclear aspirations meant there was “significant potential” from an Iranian re-engagement with the international community. The trade mission to Tehran is the first to the Islamic republic by an Australian trade minister since 2002, and follows the trip by Foreign Minister Julie Bishop in April in which she sought to recalibrate the relationship and persuade Tehran to take back hundreds of Iranian asylum-seekers. Mr Ciobo will use his visit to talk about trade with his Iranian counterpart, Mohammad Nematzadeh, and reopen Austrade’s office in Tehran to help Australian companies in doing business in the $US393 billion ($515bn) economy. Executives from GrainCorp, WorleyParsons, LiveCorp, Oil Search, Qantas, Sydney University and Rubicon Water will travel with Mr Ciobo tomorrow. (The Australian, "Steven Ciobo heads to Tehran to get jump on trade rivals ," 9/25/2016).

Trade Minister Steven Ciobo is leading a business delegation to Iran this week in a bid to secure an early advantage for Australian companies looking for deals as the market of 80 million people re-enters the global economy. Mr Ciobo saidthe lifting of punitive sanctions following a deal to restrict the scope of Tehran’s nuclear aspirations meant there was “significant potential” from an Iranian re-engagement with the international community. The trade mission to Tehran is the first to the Islamic republic by an Australian trade minister since 2002, and follows the trip by Foreign Minister Julie Bishop in April in which she sought to recalibrate the relationship and persuade Tehran to take back hundreds of Iranian asylum-seekers. Mr Ciobo will use his visit to talk about trade with his Iranian counterpart, Mohammad Nematzadeh, and reopen Austrade’s office in Tehran to help Australian companies in doing business in the $US393 billion ($515bn) economy. Executives from GrainCorp, WorleyParsons, LiveCorp, Oil Search, Qantas, Sydney University and Rubicon Water will travel with Mr Ciobo tomorrow. (The Australian, "Steven Ciobo heads to Tehran to get jump on trade rivals," 9/25/2016).