The president of the Organization for Investment, Economic and Technical Assistance of Iran stated after attending a conference held in South Korea on investment opportunities in Iran that the Koreans have shown great interest in investing in the Islamic Republic.
IRNA news agency quoted Behrouz Alishiri as saying that a variety of opportunities and lucrative chances existed in Iran for South Korean firms and they should not lose their place in this market to competitors from other countries.
He pointed out that in the conference businessmen from the two sides discussed issues in three panels, namely, oil, gas and petrochemicals, new energies and power, auto manufacturing and metals.
The OIETAI president explained that Iran offered various guarantees to foreign investors to invest in Iran with peace of mind.
The Iranian deputy economy minister reiterated that the turnout for the gathering showed the eagerness of South Korean firms and investors to do business in Iran.
The OIETAI president is the deputy minister for Investments and International Affairs of the Ministry of Economic Affairs and Finance.
The organization performs its duties governing foreign investment in Iran, Iranian investments abroad, extending loans and credits to other countries as well as borrowing from international sources, coordinating and expanding relations with international economic and financial institutions and agencies.