Petchem Development, Iran Safeguard against Sanctions: MP

Petchem Development, Iran Safeguard against Sanctions: MP
(Monday, November 5, 2018) 16:07

TEHRAN (NIPNA) – The Chairman of the Iranian Parliament’s Energy Committee said the petrochemical industry was the cornerstone of the country’s industry, adding sanctions would not impact the sector dramatically.

Speaking to NIPNA, Fereydoon Hassanvand underlined the great potentialities of the petrochemical industry in Iran, adding that the sector was a major source of income for the country as it accounted for the lion’s share of non-oil exports.

 “We are under the impression that the sanctions would not impact the sector dramatically,” the MP said.

 He further stated that the availability of skilled labor in Iran was one of the advantages of developing projects in the sector, adding the petrochemical industry was the best and easiest way to materialize Iran’s economic progress.

Email is required
Characters left: 500
Comment is required