...

Official: Iran's investment law good for foreign investors

Iran Materials 31 July 2012 13:12 (UTC +04:00)

Azerbaijan, Baku, July 31/ Trend Agency

Iran's private business sector will have more power to negotiate with foreign partners, says the head of the Organisation for Investment, Economic and Technical Assistance of Iran (OIETAI).

Behrouz Alishiri told the Islamic Republic News Agency (IRNA) that the country's foreign investment law, the Foreign Investment Promotion and Protection Act, provides international investors with an attractive legal framework.

"The government," said Mr Alishiri," is setting up centres in its provinces dedicated to assisting foreign investors along with deregulation committees, national investment offices.

Iran's private sector and cooperatives have to contribute new and efficient ideas and procedures for the country's businesses.

Tags:
Latest

Latest