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> Index of every page on this site: [llms.txt](https://acalegalpartnership.com/llms.txt)

[Countries](https://acalegalpartnership.com/countries)

# Iran

In trade with Iran, sanctions and export-control compliance is the first checkpoint. We screen the parties, goods, banks and route, then build the payment and delivery structure on that assessment.

![Tehran at dusk with the Milad Tower and the snow-capped Alborz mountains](https://acalegalpartnership.com/media/country-iran-81381492c9.webp)

![Tehran at dusk with the Milad Tower and the snow-capped Alborz mountains](https://acalegalpartnership.com/media/country-iran-81381492c9.webp)

Tehran office

### Iran

Asia/Tehran

In trade with Iran, sanctions and export-control compliance is the first checkpoint. We screen the parties, goods, banks and route, then build the payment and delivery structure on that assessment.

<dl>

<dt>Time zone</dt>
<dd>UTC+3:30 · Asia/Tehran</dd>

<dt>New York Convention</dt>
<dd>Party since 2002</dd>

<dt>Arbitration institution</dt>
<dd>Tehran Regional Arbitration Centre (TRAC)</dd>

<dt>Official language</dt>
<dd>Persian</dd>

<dt>Currency</dt>
<dd>Iranian rial (IRR)</dd></dl>

## Compliance as a service

We treat sanctions and export-control compliance as part of the deal, not a footnote. Before the contract is signed we review who the parties are, what is being shipped, which banks are involved and how the goods travel, and we document that review.

## Disputes and enforcement

Iran has been a party to the New York Convention since 2002, and the Tehran Regional Arbitration Centre (TRAC) administers institutional arbitration. We plan dispute resolution and the enforcement of awards with this framework in mind.

## Updates and articles

[![A bound arbitral award tied with a navy ribbon and gold seal, beside a globe and a fountain pen](https://acalegalpartnership.com/media/arbitral-award-cover-ce9bc5f78b.webp)26 October 2026Türkiye · Iran · Ethiopia<h3>Enforcing a Foreign Arbitral Award in Türkiye, Iran and Ethiopia: A Practical Guide</h3>Winning the award is half the job. What the New York Convention changes in Türkiye, Iran and Ethiopia, where to apply, which documents to file, why courts refuse, and how to draft the clause.](https://acalegalpartnership.com/insights/enforcing-arbitral-awards-turkiye-iran-ethiopia)

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