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News Wire / economy

Drone Exports Paused Due To Iran War

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Guangzhou-based drone manufacturer CZI has paused exports to the Middle East due to the impact of the Iran war. CEO Liao Kewen stated that a February delivery to the Middle East remains stuck in Indonesia. While Middle East clients are currently negotiating, they are not placing new orders, according to the source. This follows a triumphant start to the year for Chinese suppliers despite U.S. tariffs. The company previously expanded into markets like the Middle East despite U.S. The company cited the effective closure of the Strait of Hormuz as the primary cause for the pause. The disruption follows the manufacturer's previous expansion into Middle Eastern markets. China's imports and exports to the Middle East declined in March following growth in the previous two months.

Topics

CZI drone exports Middle East trade Iran war

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Sources · 7 independent

WBUR Boston

“Our delivery in February to the Middle East is still stuck in Indonesia, he says. For now, our Middle East clients are just negotiating, but won't place an order.”

WBUR Boston

“Most like Guangzhou drone manufacturer CZI expanded to other markets like the Middle East. But now those exports are on pause, says CEO Liao Kewen.”

KQED FM

“But now those exports are on pause, says CEO Liao Kewen. Our delivery in February to the Middle East is still stuck in Indonesia, he says.”

KQED FM

“Guangzhou drone manufacturer CZI, expanded to other markets like the Middle East. But now those exports are on pause, says CEO Liao Kewen.”

KQED FM

“Our delivery in February to the Middle East is still stuck in Indonesia, he says. For now, our Middle East clients are just negotiating, but won't place an order.”

WNYC 93.9 FM

“The global trade crisis will be a big shock. Growth in global trade is expected to decline significantly, he said.”

WBUR Boston

“Most like Guangzhou drone manufacturer CZI expanded to other markets like the Middle East. But now those exports are on pause, says CEO Liao Kewen. Our delivery in February to the Middle East is still stuck in Indonesia.”

WAMU 88.5 DC

“Guangzhou drone manufacturer CZI expanded to other markets like the Middle East.”

KQED FM

“Most like Guangzhou drone manufacturer CZI expanded to other markets like the Middle East. But now those exports are on pause, says CEO Liao Kewen.”

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