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Region countries may create turning point in startup projects - Iranian expert

Business Materials 13 December 2018 16:38 (UTC +04:00)

Baku, Azerbaijan, Dec. 13

By Elnur Baghishov - Trend:

Iran, Azerbaijan, Turkey, Pakistan and other countries of the region may create a turning point in the field of startups, Iranian expert on investments and finance Peyman Movlavi told Trend.

The expert noted that it would be beneficial if the countries of the region, such as Iran, Azerbaijan, Turkey, Iraq, Pakistan, even the countries of the Persian Gulf join efforts regarding their startup projects and this would create great cooperation opportunities.

He added that a reason for this is the fact that these countries are culturally very close to each other.

Iran's startups cover energy, consumption, management and many other sectors, Movlavi said adding that innovations are common in these areas.

Work is being carried out in many fields, including blockchain, Movlavi noted and underlined that sanctions can never be imposed on the science and technologies in these sectors.

Many sectors, such as transactions, consumption, energy, management, communication, are linked with startups and these startups are shaping the future of the world, Movlavi said.

If a country doesn't realize the new conditions in the world of startups, will lay behind as it was in industrialization, he added.

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