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  Dr. Norouzzadeh initially argued that SSIC is a huge economic complex, which actually has assets of about 70 trillion tomans and said: 10% of the stock market in Iran belongs to SSIC of which, the 6% of Iranian stock exchange is exclusively owned by the Oil and Gas and Petrochemical Supply Holdings (Tappico). Therefore, it can be seen that from a total of 9 Holdings of SSIC each contains between 30% and 40% of total country products. Managing Director of SSIC continued: Thus, SSIC is a massive economic complex in the country and its capital indirectly belongs to the labor community and the salary and insurance paid by the workers. SSIC’s facilities are created as the investment arm of the organization. He stated that the Social Security Organization of the country provided more than 72000 billion tomans annually and added that: The Social Security Organization has the legal capacity that the legislator has set for him. Also, it should be responsible for paying the salaries of the pensioners of the labor community through the interests it makes. Therefore, it is observed that the Social Security Organization faces a very serious responsibility and fortunately, during the eleventh government, they managed to provide resources to the government, with the pure and efficient management, without relying solely on the government so as to be responsive to the labors’ community. Accordingly, it can be seen that if we compare the amount paid by the organization with the annual budget of the country, which is more than 9,000 billion tomans, we will come to the conclusion that the social security package is doing something decent. Dr. Norouzzadeh continued: Accordingly, SSIC is a collection of social security assets whose purpose is to invest in resources. Of course, it should be noted that, unfortunately, during the period we passed, especially in the ninth and tenth governments, due to the sanctions and problems that were created for Iran, huge economic enterprises, including SSIC, suffered great losses. Fortunately, in the eleventh state, conditions are moving towards improvement. Managing Director of SSIC continued to explain the improvement in the postsanctions era and stated that: Our relationship with the world has improved, and this improvement in the relationship with the world has led to the development of the activities of large investment and economic companies, especially in knowledge-based units and units requiring modern technologies. Referring to the fluctuating conditions of the boycott in economic relations, Dr. Norouzzadeh said: By creating a heavy atmosphere, Iranophobia and the sanctions virtually ceased, and economic revenues were halted in 8 years by the ninth and tenth governments. In this way, the development of companies and production units has been hampered but luckily, with the outcome of today, European and different countries has stepped into Iran and they visited economic collections. Furthermore, we are interacting with these companies and have facilitated the problems we’ve had before the deal. So, I believe this is a great opportunity for us to be able to cope with recent investments or to complete the ongoing investments. He continued: On this basis, we see that the volume and type of our interactions are developing. He continued: I can, for example, refer to the recent trip with the Minister of Labor and Social Affairs to Croatia, in which, with the cooperation of the distinguished ambassador of our country, Mr. Sadeq, there were important achievements. Dr. Norouz Zadeh stated that the development of economic relations with the world can be shown in the example of Croatia and added that: I used the opportunity to take part in the trip and met with Inna, an oil company. They worked in Iran and Egypt, and some African countries in oil fields.

Due to the sanctions, their relationship with Iran was cut off because of the war with Syria but they are still working in Jordan and Egypt. Of course it may be said that the company is not among the the largest oil ones in the world and they are very interested in communicating with us; so, we signed a memorandum of understanding with one of them, SSIC, representing Tappico and the other side of the company, Ina, from Croatia. We hope that we can apply this collaborative effort in the field of exploration and extraction. Managing director of SSIC, one of the accomplishments of the achievement, has changed the paradigm of economic and trade cooperation in other countries in relation to Iran, and said: SSIC’s CEO remarked one of the accomplishments as changing the paradigm of cooperation now and stated that: any country we are visiting, or that foreign delegations entering the country are willing to invest. This is an important achievement, of course, in the type of investment. For example, China, which previously only cooperated with us in the form of EPCF, is now saying we are ready to invest together. Dr. Norouzzadeh continued: having a company that provides resources is an achievement. But if we partner with them and connect to the global markets through this, the bigger achievement is gained because they would force to constantly update their existing plants in terms of technical knowledge, and so the factory will not be back in the days after science and technology. The Managing Director of SSIC goes on to say two examples of the time before the complete abolition of sanctions. The event was the starting point for moving the train of economy of the country and said: Before I became CEO of SSIC, I was the managing director of the Industrial Development and Renovation Organization (IDRO) and there we carried out two major projects of phases 17 and 18. These projects had a 92 percent improvement in theory, and the money was taken from the employer but in practice, we had 60% of physical progress. Because, for example, some supplies and data-x-items have been purchased from Siemens but due to the sanctions, the company rejected the delivery. Accordingly, it is possible to see either the required data-x-items are not entered into the site, or with a lot of intermediaries and huge expense. He continued: As we succeeded, we were able to quickly go ahead with the sanctions and enter the requirements. Therefore, we were able to enter the two phases, thus meeting the country’s needs, especially during the cold season. And the result was revealed that in a gas dispute with Turkmenistan, the country was able to get out of it without a problem. Dr. Norouzzadeh described the second major project as the Persian Gulf star, adding: The Persian Gulf Started for about 11 years in the 55 percent process but by connecting with foreign companies we were able to co-operate with the licensed companies again. For example, UOP Company in the US or companies such as Siemens were not responsible at all. But during this time the situation changed, and today it is here without the need for an intermediary with a phone call from the representative of his representative. It even brought his catalysts and monitors the catalyst. Siemens compressors could also be mentioned that it was not possible to exploit the refinery without entering them. But today, since optimization of relationships is observed, the conditions have come to the normal state. Managing Director of SSIC added that today the Gulf Star has produced 12 million liters of gas in the first phase and said: With the use of up-to-date technology and the cooperation of foreign companies, it will enter the circuit until the first six months of 2019, the second and third phases which means producing 36 million liters of gasoline in the country. Accordingly, we believe that the movement of the economy train may be slow moving from the cancellation of sanctions, but we cannot expect to overtake at a high pace overnight.

Dr. Norouzzadeh referred the recent contract with the National Oil Company and explained that: Today, if we want to look at what was said about phase 17 and 18 which took 11 years to be accomplished, come to the term that these two phases had to be fulfilled in six years and this means the interest for Iran and the people has been lost during this time while the southern partner was picking up and we were losing our property. The Supreme Total Company completed this great Project with $4.8 Billion instead of $6.7 Billion through taking advantage of cutting-edge technology. He continued: If we look at different phases of the South Pars, It’s been seen that all of the products come from former technology, but today we need to own up-to-date technology and through this partnership with hot shot companies, we can achieve this. Managing Director of SSIC added that the translation of the resilience economy considered by the Supreme Leader also implies the development of economic relations and stated that: We must take advantage of the opportunity and move forward with the independence and the relationship with the world towards a resilient economy, with introspective approach and an eye on outside the country. He continued: Introspective approach and having an eye on outside the country means that if you buy a technology or build a factory, you should use your domestic capacity but note who your competitors are and this means that you must be able to compete in the global markets to deliver your products at a global and competitive level. Dr. Norouzzadeh in response to the question of building a cooperative company in the field of petrochemicals with Total replied that: SSIC talks not only with Total, but also with Shell, BP or Saif from Germany either through the original company or through their representatives and we believe that where there is the possibility of co-operation, we are ready to jointly invest and as we said, we are at the beginning and would move forward. He continued: At the moment, in the oil and gas supply holding (Tappico) we are managing the two important projects, the Technologists 2, which converted methanol to polypropylene and the Siraf project, which converted condensate to the product; therefore, in order to create more optimal added value and create a production chain, we are negotiating with foreign parties to finalize these two projects. Managing Director of SSIC said that he agreed with the Korean and Japanese sides to advance the Siraf project and stated that: For the finalization and creation of this Megaproject, the $ 3 billion financing will be provided by a foreign party (Japanese and Korean), which is itself the result of intensive negotiations with our colleagues in Tappico. Dr. Norouzzadeh added the creation of a platform for dialogue and resolution of problems with foreign parties as another blessing and constructive engagement with the world and explained that: At the time of sanctions, Iranian shipbuilding funds were blocked by Hyundai And the Korean side was not willing to deliver the ship or pay the money by saying that we were losing interest through steel cutting. But by creating a suitable platform for negotiation, not only that money was accepted as a prepayment but also the Korean company provided 800 million euros as finance that is the result of good IRISL managers and interaction with the global community.

He continued: It was also stipulated on the margin of this contract that Iranian engineers would be trained by the Iranian engineers to create a suitable platform for the construction of Mega ships in order to have an integrated facility for the construction and repair of mega-seismic ships at ISOICO Company in the near future. Dr. Norouzzadeh pointed out in the end with Iran’s pioneering dialogue in the world with the project of Dialogue on Civilizations and stated that: Today is an indescribable reality that, through our active diplomacy, we were able to achieve a common understanding with the six world powers. As a result, we gained both the power and the right to prove ourselves, so we believe that JCPOA is the opportunity that should be looked at as a window so that everyone can benefit from it.