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Iran, the land of opportunity for foreign investment.

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Iran, the land of opportunity for foreign investment.

Ipina
Deputy Minister of Economy: Iran is the land of opportunity for foreign investment.
Saturday, March 25, 2017 9:23:00 AM

“After the Joint Comprehensive Plan of Action there is a good opportunity for the presence of foreign investors” says Chairman of the Organization of Iranian investors pointing that removal of sanctions is eliminating the challenges which in the past were a way to attract foreign capital.

 “Prior to this, the volume of Iran's trade and economic relations with other countries was declining and it was anticipated that the sanctions make amount to zero” says Mohammad Khazayi.

“In these circumstances, the Joint Comprehensive Plan of Action collapsed Iran sanctions and contributed to the dynamics of country's foreign relations and cooperation” he adds.

“Economic and Technical Assistance of Iran during the transition period in Iran's foreign relations which began since the eleventh government and were accelerated by the nuclear deal and the Joint Comprehensive Plan of Action, many achievements in the economic sphere were obtained that the growth of foreign investment in the country can be noted” says him.

“International economic experts describe Iran as a land of high-capacity and profitable investment” says Khazayi.

He said about the purpose of foreign investment from economic transactions with other countries that the main task of foreign investment is expanding economic relations with other countries. This leads to financing the needed projects of the country without any problem. Also it helps to develop economic relations with Iran in the world community, including international organizations and international conferences.

“It should be noted that the purpose of the Ministry of Economy and Finance of developing the interactions is not just economic issues but political application which is important for the government” says the master of the Organization for Investment, Economic and Technical Assistance of Iran.

“After the Joint Comprehensive Plan of Action One of the main objectives of the Ministry of Economy and Finance was making relations with countries that have great importance in the region, but because of sanctions had cut off cooperation” he stresses. “After the Joint Comprehensive Plan of Action the Foreign Investment Organization could establish relations with these countries and after it 36 documents of cooperation with different countries were signed. The Foreign Investment Organization with measures of the Ministry of Economy and Finance could sign collaboration document with countries such as Czech Republic, Hungary, Germany, Brazil, India, the Netherlands, South Africa, Kyrgyzstan, Croatia, Lithuania, Italy, Bulgaria, Norway, Russia, Indonesia and etc.” he noted.

“In the past 50 years the number of agreements that were signed only reaches 60 and this is while one of the achievements of the government during the last 2 years in foreign investment is signing 36 cooperation documents by the Investment Organization with the countries that contribute to economic development that of these 8 cases it has been finalized” says the master of the Organization for Investment, Economic and Technical Assistance of Iran about the outcome of the negotiations.

“At the same time negotiations have taken place with a number of other countries and is about to be finalized that among them we can mention Britain, Denmark, Australia, Portugal, Thailand, Slovenia and others” he adds.

“After the Joint Comprehensive Plan of Action the Foreign Investment Organization negotiated with some countries and reached agreements that Financing and lines of credit with Japan, China, Denmark, Netherlands, Norway, Germany, Italy and Russia could be mentioned” “One of the lines of credit that has aimed is about Norway that was announced on the sidelines of the World Bank meeting and in the meeting of our Economy Minister with Norwegian Foreign Minister upon which A special credit line for companies that want to work with a billion-dollar Iran, has been created”. Khazayi says.




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