Loading...
You are here:  Top Stories  >  Economy  >  Current Article

VP of Marketing of petrochemical company lists breakdown of exports in light of sanctions

Wednesday, 18 December 2013

In a Fars News interview, Mustafa Tehrani Safa discussed the impact of Western sanctions on trading of petrochemical products and on methods used to cope with the sanctions. He emphasized that in the petrochemical sector, there is no such thing as frozen money but there are customers who owe us money. Before the sanctions, 13% of the petrochemical products were exported to Europe but today, we have a very good foothold in the east, and over 50% of our export market is there. Over the past eight months, export of petrochemical products totaled 2.3 tons valued at $2.2 billion, a relative decrease in comparison with the same period last year. Safa added that over the past several days, several Persian Gulf states have established multiple ties with us. The brothers of one sheikh invited us and Arab dealers have arrived in Iran but they prefer to remain anonymous. They are presenting proposals for joint capital investments for inside and outside Iran.

 

    Print       Email
  • Published: 5 months ago on Wednesday, 18 December 2013
  • By: Iran Daily Brief
  • Last Modified: December 18, 2013 @ 2:31 pm
  • Filed Under: Economy
  • Tagged with:
  • Source(s):
    • http://www.farsnews.com/newstext.php?nn=13920925000558

You might also like...

First VP: nuclear agreement has weakened the architecture of the sanctions

Read More →