Speaking to NIPNA, Mehdi Sharifi Niknafs said the launch is aimed at following
up on the company's businesses in financing projects and establishing credit
lines by foreign financiers in Europe.
He said PCC has employed a professional team of negotiators at its
London office for holding talks with major investors in Europe for establishing
credit lines and finances.
The official added that tapping investment funds for financing petrochemical
projects in Iran is the top priority of the office.
He further said PCC has so fair inked a financial deal with a Spanish company,
adding PCC has so far opened accounts in European banks which makes currency
transfer to Iran possible .
PCC has so far held talks with a number of European firms for financing the
purchase of petrochemical and industrial parts and machinery, he said, adding
the company is expected to sign one or two memoranda of understanding (MoUs) with
leading companies from the green continent.
He also said that all the company's blocked assets in South Korea, amounting to nearly $3m, have
been unfrozen.