Iran's private sector left out of contracts with foreign sides, says official
Tehran, Iran, Sept.23
Iran's private sector is not part of the country's recent contract with China, said the deputy chairman of mine and mineral industries commission in Iran's Chamber of Commerce Hassan Hosseingholi, Trend reports citing ILNA.
He went on to say that it appears that Iran's mine and mineral industries sectors are not part of the mentioned contract.
"The primary examinations of contract indicate there is no relation to the mine and mineral industries," he said.
"It seems the contract is mostly about petrochemical, oil and railway sectors," he said.
The official also said that Iran's private sector usually wouldn't have any part in this type of contract.
"More than 150 foreign trade delegations have visited Iran for possible investments, but only few of them visited the Chamber of Commerce. So, there's the question - how many delegations have actually signed any contracts with Iran's private sector? In fact, government organizations have shares in all the contracts," he noted.
The official emphasized that country's mine and mineral industry sectors are in need of liquidity.
Hosseingholi said that Chinese investments can significantly help Iran's mining and mineral industries, which are in need of liquidity.
The Tehran Chamber of Commerce has recently announced a $400-billion contract between Iran and China, based on which, the Chinese companies would work without applying for tenders.