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Iran’s capital market ready for foreign investment

Business Materials 22 September 2015 13:50 (UTC +04:00)

Baku, Azerbaijan, Sept. 22

By Fatih Karimov - Trend: Iran 's capital market is ready for foreign investment, said Mohammad Fetanat, the Head of the Securities and Exchange Organization of Iran.

He made the statement in a meeting with a delegation of French businessmen in Tehran, Iran's Fars news agency reported Sept. 22.

"The will of Iranian officials is based on cooperation with foreign investors and flourish of financial markets after lifting of the unjust sanctions," he added.

"So far, trade delegations from many countries, including France, Britain, the Netherlands, Japan, and South Korea have paid visits to Iran."

Some specialized markers, namely the commodity market, the energy market, and the over-the-counter market are active in the Iranian capital market, with over 10 trillion rials (about $300 million) liquidity, he noted.

Western companies are one after the other engaged in talks with Iran to resume their delayed activities or make new investments in the Islamic Republic. 

The recent developments came as world powers and Iran reached a nuclear deal in July.

Edited by CN

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