Food and Beverage

"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).


"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)