Foreign investments welcomed in Iran: CBI governor

June 22, 2016 - 18:33

TEHRAN- The Governor of the Central Bank of Iran (CBI) Valiollah Seif in a Wednesday meeting with Vice Chairman of China Investment Corporation (CIC) Li Keping admitted that to accelerate its economic growth, the Islamic Republic warmly welcomes attraction of foreign investments.

Referring to the friendly relations between Tehran and Beijing, Seif expressed Iran’s tendency towards further expansion of bilateral commercial ties, underlining that countries, such as China, which kept their relations with Iran close and protected the country under the sanction era, stand among its priorities to deepen ties with in post sanction time.
Keping, for his part, showed inclination for development of ties with Iran and noted, “We have started our cooperation with Iran’s National Development Fund (NDF) since two years ago but for improving our cooperation, we require CBI to provide us data about Iranian government’s politics on financial issues, attraction of foreign investments, and foreigners’ economic activities in Iran.”
The NDF and CIC explored areas to launch joint ventures and to establish a fund aimed at financing private sector projects in Iran, IRNA reported on Sunday.
According to the report, Ding Xuedong, the head of CIC, heading a high-ranking delegation, met with Safdar Hosseini, the chairman of the NDF, in Tehran on Sunday.
During the meeting, Hosseini mentioned some of the potential areas for joint investment among which Infrastructure projects in the field of oil, gas, petrochemical projects, agriculture and construction of greenhouses and fish farming in cages could be mentioned.
Xuedong, for his part, noted that as a Capital institution, CIC is eager to learn more about Iran’s market and its investment opportunities.

HJ/MA 

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