Total investment in Iran having message to US Congress: Expert

EghtesadOnline: An expert on international affairs and a member of the Graduate Institute of International Studies, Geneva, Reza Nasri said Total investment in Iran in spite of US Senate new sanctions on Iran shows that Iranian market is still worthy of investment.

News ID: ۷۷۷۱۷۳

21 June 2017

According to IRNA, he wrote in his Telegram channel, 'In spite of the fact that the US Congress is following up a new act of sanctions against Iran, the petroleum giant Total has announced that it is going to expand the South Pars Oil and Gas Field with an investment beginning at one billion dollars.'

He added the investment has four messages for the US Congress:

First, the nuclear deal is “too big to fail”. Second, even if the US intends to disrupt the deal, Europe will continue its own way. And if needed it will use “civil resistance” against the US Congress and government. Third, calculations and “risk assessment” show that despite all the threats and intimidating atmosphere that the US Congress intends to create, the Iranian market is still worthy of entrance. Total can be a role model for other investors. Fourth, if the US Boeing can make huge deals with Iran, European companies, for sure, see themselves righteous to create ties with Iran.