Zarif: Iran receives billions of dollars foreign investment after nuclear deal

Young journalists club

News ID: 12003
Iran » Iran
Publish Date: 18:30 - 12 August 2017
TEHRAN, August 12, YJC - Mohammad-Javad Zarif, also proposed as upcoming Iranian Foreign Minister, said the country received billions of dollars as foreign investment following the nuclear deal.

Iran receives billions of dollars foreign investment after nuclear dealTEHRAN, Young Journalists Club (YJC) - Zarif then noted that French Total investment in Iran is a giant step.

He then noted that Iran has obtained goals it had sought in the Joint Comprehensive Plan of Action (JCPOA). “Banking, transportation and oil impediments have been removed,” he said.

Earlier in April, previous Iranian Minister of Economy Ali Tayyeb-Nia said the country has attracted $12 billion foreign investment over the previous Iranian calendar year (ended on March 20) in post-JCPOA era.

Presence o foreign investors does not simply mean presence of investment and resources, but also it means exchange of know-how, experiences and flourishing exports, he said.

The post-JCPOA has caused $50 billion investment MoU in Iran in the form of financing economic plans, he added.

The MoU have been signed with foreign investors and the primary steps are being finalized, the minister noted.

He continued that limitations to receive foreign investment as finance are being eased and Iran hopes to receive $50 billion investment as finance soon.

 

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