...

Tehran welcomes foreign investors: Iran president

Politics Materials 8 September 2015 03:57 (UTC +04:00)
Iranian President Hassan Rouhani says Tehran embraces foreign investors and entrepreneurs
Tehran welcomes foreign investors: Iran president

Iranian President Hassan Rouhani says Tehran embraces foreign investors and entrepreneurs.

"Under the new circumstances and following the Vienna agreement [clinched between Iran and six world powers over Tehran's nuclear program], Tehran welcomes the presence of foreign investors and entrepreneurs [in the country], and Spanish companies can enter the Iranian market as well, " said Rouhani in a meeting with Spanish Foreign Minister Jose Manuel Garcia-Margallo in Tehran on Monday, Press TV reported.

On July 14, Iran and the P5+1 countries - the United States, Britain, France, China and Russia plus Germany - finalized the text of a nuclear agreement dubbed the Joint Comprehensive Plan of Action (JCPOA) in the Austrian capital, Vienna.

Under the JCPOA, limits will be put on Iran's nuclear activities in exchange for, among other things, the removal of all economic and financial bans against the Islamic Republic.

There exists great economic, industrial, scientific and cultural potential in Iran, said President Rouhani, expressing hope Tehran-Madrid cooperation further expand.

Iran also enjoys numerous potentialities in the areas of energy, oil and natural gas, downstream industries, infrastructure, and academic matters as well as cooperation between research and tourist centers, said the Iranian president, who noted that the presence of Spanish investors and entrepreneurs in Iran can give fresh impetus to cooperation between the private sectors of both sides.

Latest

Latest