$5.200 bln foreign investment made in Iran after JCPOA

EghtesadOnline: Iran's Government Spokesman Mohammad-Bagher Nobakht said that $5.200 billion foreign investment has been made in Iran in 6 plans after the JCPOA.

News ID: ۷۳۶۲۶۱

28 August 2016

He noted that Iran has managed to export 2.568 million barrels of oil and gas condensations after the Joint Comprehensive Plan of Action (JCPOA) signed between Iran and P5+1, reports ISNA.

After implementing the nuclear deal in January, $5.200 billion foreign investment has been made in Iran in 6 plans, he said.

On January 16, Iran and the five permanent members of the United Nations Security Council – the United States, France, Britain, China and Russia – plus Germany started implementing the nuclear agreement, known as the Joint Comprehensive Plan of Action (JCPOA), which they reached on July 14, 2015.

Under the JCPOA, all nuclear-related sanctions imposed on Iran by the European Union, the Security Council, and the US would be lifted. Iran has, in return, put some limitations on its nuclear activities.