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Iran Eyes Major Petchem Deals Soon

Source: www.gulfoilandgas.com 1/14/2018, Location: Asia

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Iranian petrochemical companies have signed several memoranda of understanding (MoUs) with European firms which will soon turn into contacts. Iran eyes major Petchem deals soo.

Head of the Iran-Germany Chamber of Commerce Abbasali Ghasaei told NIPNA that the chamber plays a significant role in establishing links between Iranian and Germany investors.

"Last year, 50 delegations from Germany visited Iran from various industries," he said.

Ghasaei said some of the delegations comprised more than 30 members all traveling to Iran to hunt out business opportunities in the OPEC member.

He described the prospect of Iran-Germany trade relations as positive, adding technical and economic studies over the MoUs have finished and some German firms are preparing to sign deals with Iran.

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