News ID: 322373
Published: 0413 GMT June 18, 2022

Official: Iran exports strategy not affected by sanctions

Official: Iran exports strategy not affected by sanctions

Chief Executive Officer of Mehr Petrochemical Company Mohammad Eslami described adding the names of some Iranian individuals and legal entities to the sanctionS list as a tool to increase psychological pressure, saying Iran’s exports strategy has not been affected by sanctions.

Speaking to IRNA, Eslami said that no matter whether individuals or entities are on the sanctions list or not, Iran's entire petrochemical industry is under sanctionS and they have to use unconventional methods to export and sell products.

He added that the new sanctions list will have no effect on Iran’s exports.

Despite banking transaction problems, the petrochemical industry has played a key role in supplying the required foreign currency in the sanctionS era, he stated.

Eslami referred to petrochemical companies’ mechanism based on sanctions, saying that Iranian exporters are aware of the structure of sanctions and use them to export petrochemical products.


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