If these three principles are not considered, so long as investors will not be able to envisage a future for their investments, not many financiers are expected to enter into Iran even if the sanctions are removed, added the official.
He said the international restrictions on Iran's economic sectors have held up progress in petrochemical projects, and expressed hope that once Iran reaches a nuclear accord with world powers, completion of the projects will be more seriously pursued by NPC.
Mohammad-Hassan Peyvandi said Iran’s petrochemical production is to reach 44 million tons this year. That would make up 40% of Iran’s non-oil exports.
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