|Iran seeks European investment in agriculture sector||
TEHRAN – Iran will be seeking investment by European companies in its agriculture sector, as the country’s agriculture minister will attend the 32nd FAO Regional Conference for the Near East, due from February 24th to 28th in Rome.
Iranian agriculture minister Mahmoud Hojjati will introduce the country’s potentials to European, especially to Italian companies, in agriculture and food industries, IRNA reported on Sunday.
In January, Behrouz Alishiri, the head of Iran’s Organization for Investment and Economic and Technical Assistance, said foreign investors are eager to increase investment in the Islamic Republic following Tehran’s recent nuclear deal with world powers.
“Following the successful negotiations in [the Swiss city of] Geneva, European and Asian investors have started closely competing to invest in Iran,” said, on Tuesday.
Iran and the permanent members of the UN Security Council - Russia, China, the U.S., France, Britain - plus Germany inked a nuclear accord in the Swiss city of Geneva on November 24, 2013. The two sides started implementing the agreement on January 20.
Under the Geneva deal, the six countries undertook to provide Iran with some sanctions relief in exchange for the Islamic Republic agreeing to limit certain aspects of its nuclear activities, including a voluntary suspension of its 20-percent uranium enrichment program.
Alishiri said that foreigners wishing to invest in Iran were already returning before any formal easing of the sanctions against the Islamic Republic.
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