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Iran invites Swedish companies for investment

English.news.cn   2013-12-19 18:58:20            

TEHRAN, Dec. 19 (Xinhua) -- Iran's Deputy Minister of Economy Behrouz Alishiri invited Swedish companies to make investment in Iran, Tehran Times daily reported on Thursday.

In a meeting with Chairman of the International Council of Swedish Industry Erik Belfrage, Alishiri expounded advantages of investment in Iran and incentives offered by his ministry to foreign investors, said the report without further details.

For his part, Belfrage said lots of large Swedish companies are interested in the expansion of economic and trade relations with Iran although the economic sanctions imposed by the United States on Iran have undermined Iran-Sweden trade ties.

The International Council of Swedish Industry is a non-profit organization which supports and broadens the scope of operations of Swedish business in the markets inside Sweden as well as abroad.

On Wednesday, Iranian local media reported that directors of the largest private-funded union of employers in France would travel to Tehran in February 2014 to explore ways to invest in different economic fields of Iran.

Following a deal signed between Iran and the world powers in Geneva on Nov. 24 to resolve the country's controversial nuclear program, the Islamic republic is seeking foreign investors' presence in its diverse economic projects which have been hit by the international as well as western sanctions.

Related:

Iran, S.Korea sign MOU to boost cooperation in capital markets

TEHRAN, Sept. 17 (Xinhua) -- The Central Securities Depository of Iran (CSDI) and the Korea Securities Depository (KSD) signed a memorandum of understanding in Tehran to boost cooperation in capital markets, Tehran Times daily reported on Tuesday.

CSDI Chairman Hamed Soltaninejad and KSD Chairman Kim Kyung- dong signed the MOU on Monday, aiming to expand cooperation in training, consultation, human resource development and information exchange.  Full story

Editor: Hou Qiang
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