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Iran investment opportunities confab opens in Malaysia
Several high ranking Iranian officials including Deputy Minister of Economic Affairs and Finance Behrooz Ali-Shiri were present in the event.
Topics including energy, oil, gas, housing, tourism, and foodstuff will be addressed during the event.
The conference was highly welcomed by Iranian and Malaysian businessmen and trade sector.
Meanwhile, Ali-Shiri said that transactions in Iran’s stock market has increased following adoption of the United Nations’ latest resolution against Iran.
The deputy minister made the remarks on the sidelines of the opening ceremony of the conference.
He said since Resolution 1929 was adopted by the UN Security Council on June 9, dealing in Iran’s stock exchange market has increased by 10 percent.
“The stabilized investment situation in Iran attract foreign investors,” said the official.
He recalled a report by the International Monetary Fund which has said Iran’s economy showed a good growth in the Middle East and North African region.
According to the report, the amount of foreign investment in Iran’s market has reached 3 billion dollars in 2009 from its 900 million dollars in 2007.
Ali-Shairi added that foreign investors would face no restriction in bringing capitals to Iran and taking their interests outside the country.
He added that proper tax exemptions were designed for foreign investors which would, in some cases, amount to one hundred percent.
Topics including energy, oil, gas, housing, tourism, and foodstuff will be addressed during the event.
The conference was highly welcomed by Iranian and Malaysian businessmen and trade sector.
Meanwhile, Ali-Shiri said that transactions in Iran’s stock market has increased following adoption of the United Nations’ latest resolution against Iran.
The deputy minister made the remarks on the sidelines of the opening ceremony of the conference.
He said since Resolution 1929 was adopted by the UN Security Council on June 9, dealing in Iran’s stock exchange market has increased by 10 percent.
“The stabilized investment situation in Iran attract foreign investors,” said the official.
He recalled a report by the International Monetary Fund which has said Iran’s economy showed a good growth in the Middle East and North African region.
According to the report, the amount of foreign investment in Iran’s market has reached 3 billion dollars in 2009 from its 900 million dollars in 2007.
Ali-Shairi added that foreign investors would face no restriction in bringing capitals to Iran and taking their interests outside the country.
He added that proper tax exemptions were designed for foreign investors which would, in some cases, amount to one hundred percent.