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Spanish Esproenko to Continue Iran Business

Spanish Esproenko to Continue Iran BusinessSpanish Esproenko to Continue Iran Business

Esproenko International, which specializes in oil and gas services, announced on Saturday that it will continue its business activities in Iran, irrespective of Washington's sanctions against Tehran. According to the company's public relations manager, Carlos Toledo, Esproenko had started working with Iran in 2013"when sanctions on the Islamic Republic were imposed by all sides, namely, the European Union and the United States," Sputnik reported. "We had no competition on the Iranian territory at the time, which prompted us to enter this market," he said. However, he added, the company had to face "huge competition" in 2015 and minimize its activities when the anti-Iranian sanctions were lifted.  Toldeo said that with the reimposition of new US sanctions, Esproenko perceives the situation as a new opportunity. "Now we are considering the resumption of activities at a higher level. So far, the EU has not adopted any sanctions against Iran. And what the US is saying is its own problem, not ours," he added.

 

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