Iran has held talks with Egypt regarding the resumption of crude and oil products exports to the Middle Eastern country.

According to the Deputy Director of Iran’s Petrochemical Employers Association, Parviz Sahafzadeh, some companies from Egypt are looking to import Iranian petrochemical or polymeric products.“Given the sanction removal and entry to post-sanction era, the grounds have been provided to expand trade volume between Iran and Egypt particularly in the field of petchem exports. A list of petrochemical items required by Egypt has been delivered to Iranian petrochemical companies,” he said.

He added that further talks in the future could lead to the signing of an agreement for the sales of various petrochemicals.“Single shipments are currently being deployed to Egypt by an Iranian firm while more products will soon be exported to the Middle Eastern country,” he explained.

Deputy Oil Minister for International Affairs, Amir Hossein Zamaninia (photo), has before now expressed Iran’s readiness to sell crude and oil products to Egypt with the hope that a growth of oil trade will promote political and international ties between Egypt and the Islamic Republic of Iran, Mehr News reports.

Anita Fatunji