On Thursday, Iran's Minister of Industry, Mines and Trade Mohammad Reza Nematzadeh reportedly said that the country is working on rebuilding its core industries and trade links, and would focus on its oil and gas, metals and car industries “with an eye to exporting to Europe after sanctions have been lifted”.
Following the nuclear agreement reached between Iran and the P5+1 countries earlier this month, which is still due for approval by the US Congress, Nematzadeh said Iran was targeting 50 oil and gas projects worth $185 billion by 2020, Reuters reported.
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