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Iranian minister: Private companies may attract foreign investors

Business Materials 7 January 2020 17:17 (UTC +04:00)
Iranian minister: Private companies may attract foreign investors

BAKU, Azerbaijan, Jan. 7

By Elnur Baghishov - Trend:

Iran's private companies may help the government to attract foreign investments, Iranian Minister of Economic Affairs and Finance Farhad Dejpasand said.

Dejpasand made the remark at the 92nd meeting of the Public and Private Sector Dialogue Council in Iran, Trend reports referring to the Young Journalists Club.

“The Iranian government’s current priority is to attract foreign investments,” the minister added.

"The private companies may do much to help ease the gap in the capital market and boost production in Iran," Dejpasand said.

The minister added that the government will also seek to mitigate the problems that impede the activity of the private companies.

“Iran's current foreign trade is at a good level,” Dejpasand said, adding that the export volume of Iran's non-oil items increased by 20 percent over the past year.

The export value of Iran's non-oil items is estimated at $31.9 billion while import value amounted to $31.8 billion during nine months of the current Iranian year, from March 21 through December 21, 2019.

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