Publishe Date: 4:06 PM - 7/13/2015 | Print

Iranian tankers ready to return to int'l markets in post-sanction era

Economy - A top official of National Iranian Tankers Company (NITC) said on Monday Iranian tankers will return to European and international markets in shortest possible time after the termination of nuclear sanctions.

 A top official of National Iranian Tankers Company (NITC) said on Monday Iranian tankers will return to European and international markets in shortest possible time after the termination of nuclear sanctions.

Speaking on the latest legal status of the NITC's file in European Court, Shahram Farahbod said that the ban against NITC was unfortunately renewed on Feb 12, 2015, following which the concerned Iranian officials have launched a broad-scale campaign against the move under the prevailing conditions.

The head of the NITC's Insurance and Legal Suits Affairs Office further elaborated that a bill requesting the termination of sanctions was delivered to the European General Court on April 24, 2015.

'Now we are waiting for that court's decision to pursue our legal work,' he added.

Asked if the termination of the nuclear sanctions after signing the comprehensive nuclear agreement will also rid the NITC of the nuisance of those sanctions, Farahbod repied, 'It will definitely be so.'

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