Spanish banks ready to guarantee Iran’s petchem deals

Spanish ambassador to Tehran said that his country’s banks are ready to guarantee Iran’s petrochemical deals, AVA Diplomatic reports.

Eduardo López Busquets made the remarks in a meeting with Marziyeh Shahdaie, the managing director of National Iranian Petrochemical Company (NIPC), on the sidelines of Iran Oil Show 2017 in Tehran.

According to Busquets, Iran soon will be able to start trade with the European companies through Spanish banks.