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Foreign investment in Iran guaranteed: official

Iran Materials 25 June 2009 11:38 (UTC +04:00)

Iranian government guarantees any sort of foreign investment in the country either by Iranians abroad or foreign entities, the deputy finance and economic affairs minister stated here on Wednesday.

Behrouz Alishiri added despite the fact that the global economic crisis has negatively impacted many economies worldwide, Iran has suffered the least, so it is a safe and reliable place for investment, the Mehr News Agency reported.

The government will provide guarantees for the return of original capital and earnings, free transferability of profits, as well as protection against non-commercial risks such as expropriation and nationalization.

An international conference on foreign investment opportunities was held in Iran on May 30 with the participation of over 120 companies from across the globe.

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