Baku, Azerbaijan, Sept. 16
By Emil Ilgar – Trend:
Recently Germany and Japan unblocked $4.6 million and $1 million worth of revenues of Iran’s petrochemical product exports to these countries, Khodadad Gharibpour the managing director of Arak Petrochemical Complex said Sep.16.
He added that South Korea has already unfrozen about $1 billion worth of revenues of Iran’s petrochemical products, Mehr reported.
Iran and P5+1 reached a comprehensive nuclear agreement, implemented in January, which lifted banking sanctions on Iran.
Gharibpour added that currently Iran’s annual petrochemical products export stands at about $10 billion.
According to the latest statistics of Iran’s Custom Administrations, the country exported 7.337 million tons of petchem with worth $3.27 billion during first five months of current fiscal year, started on March 21.
The volume and value of petchem exports during the mentioned period increased by 55.8 percent and 25 percent year-to-year respectively.