Iran Chemical Sales Still Restricted by Sanctions, Official Says
Iran’s petrochemical exports are still hampered by western sanctions even as an embargo on sales of the products are suspended during negotiations with global powers to limit the country’s nuclear program, an official said. Transferring payments for sales and securing insurance for exports remain the biggest hindrances for petrochemical producers, Mohammad-Hasan Peyvandi, Vice President of Iran’s National Petrochemical Company, said in an interview at his Tehran office yesterday. “There are problems with exporting petrochemicals, but they ...
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