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17Iranscoastlinealong thePersianGulfstretches for3000km withmajorportssuchasBandar AbbasBushehrLengehChahbaharandothersIranianislandsin thePersianGulfincludingKishandQeshmhaveexcellentcapacitiesfordevelopmentofshippingcooperationIna feasibilitystudysome yearsagoit wasreportedthatarailwayconnectionbetweenQeshmIslandandmainlandIrancouldopenanew traderoutebetween WesternEuropeand theFarEast withalmosthalfthe timeit takes touse theotherroutesWhile theapproachofIransrejoining theinternationaleconomyisonprogressmostof thelogisticscompaniesarekeepingacloseeyeon theIranslogisticsmarketOneof thelastgreatuntappedemergingmarketsisanewblueocean forlogisticsindustryKNTOTALisalsooneof thosewhohavehadadeepinterestinthismarketandhasprepared theofficialrepresentativeoffice foralmostoneyear withanaimofprioroccupationofmarketandprovidingbestlogisticsservicespecially forourcustomersFor thisKNTOTALhasconsultedthelocallawyer forlegaladviceandhasmadearoadmapplantoestablisharegisteredofficeAccording to theroadmap theofficewillbeopenby2ndquarter this yearWhile theprimarysanctionagainstIranisbeingobservedand whetherrenewedinstabilityandpotentialsanctioncoulddamageIransreturntointernationaleconomiclegitimacyremains tobeseenitisamatteroftime forIranspotential tobebloomedIn thenear futureKNTOTALsnewIranoffice willplayakeyroleinprovidinganoptimizinglogisticsservice toourcustomersin theregion

