Expecting Removal of All Problems After JCPOA Shortly, Illogical

TEHRAN, July 23 (Shana) -- Chairman of the Board of the Society of Iranian Petroleum Industries Equipment Manufacturers (SIPIEM) Reza Padidar says expecting all economic problems as a result of sanctions are solved within six months, one year or even two years after the Joint Comprehensive Plan of Action (JCPOA) is "illogical and non-calculated idea."

Padidar told Shana that experience with other countries suffering sanctions in various junctures shows that sanctions' effect will not be removed from the countries' economy for several years.

He said, "A long way is ahead of Iran's economic diplomacy, so one should be patient enough."

To the end of his remarks, he said by making economic activities transparent and by eliminating economic corruption, a safe haven will be provided for investment and a remarkable sum of invisible capital should be channeled to the market.
News Code 265452

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