BRICS Members to Meet at Iran Petchem Forum in May: NPC Official

The group of Brazil, Russia, India, China and South Africa (BRICS) will for the first time attend the Iran Petrochemical Forum (IPF), announced an official at the National Petrochemical Company (NPC).

The 14th Iran Petrochemical Forum will be held in Tehran on 1-2 May.

NPC Planning and Development Manager Hassan Abbaszadeh added, “The 14th IPF will provide a suitable opportunity for cooperation between domestic and foreign companies.” The upcoming forum, he continued, will also help Iranian companies introduce their latest achievements and plans and the country’s new opportunities for investment in its petrochemical industry.

Abbaszadeh said the 14th Iran Petrochemical Forum will revolve around the completion of value chain and balanced development of the industry. Aiming to promote the scientific level of the upcoming forum and facilitate the country’s presence in new international markets, NPC had a consultation with the Foreign Ministry and carried out various measures, including the invitation of BRICS member states, said the official.

A number of expert-level sessions will be held during the forum, mentioned the director, adding BRICS members have been scheduled to discuss Iran’s cooperation with the group. According to him, ambassadors and political and trade representatives of Iran will participate in sessions during the two-day forum to explore all avenues to boost energy diplomacy, develop petrochemical industry, end the sale of raw materials, and attain greater self-sufficiency. - Shana