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daelim Archives - Iran News Daily
S Korea’s Daelim cancels $2.08bn order from Iran for fear of sanctions 02 Jun 2018

S Korea’s Daelim cancels $2.08bn order from Iran for fear of sanctions

South Korea’s Daelim Industrial said on Friday that a contract worth 2.23 trillion won ($2.08 billion) for a refinery project in Iran was canceled amid the fear of sanctions from Trump administration. The order was canceled as the Esfahan Refinery Upgrading Project failed to procure financing because of economic sanctions imposed on Iran, Daelim said in a […]