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Iran attracts over $2 bln foreign investment in industry

Aug 15, 2016, 10:07 AM
News ID: 1593
Iran attracts over $2 bln foreign investment in industry

EghtesadOnline: Iranian Deputy Minister of Industry Ali Yazdani said that $2 billion foreign investment has been made in the country’s industry sector after the JCPOA signed between Iran and western states.

He also said that $4.1 billion foreign investment has been directly made during president Hassan Rouhani’s administration, according to ISNA.

On January 16, Iran and the five permanent members of the United Nations Security Council – the United States, Britain, France, China and Russia – plus Germany started implementing the JCPOA that they had clinched on July 14, 2015.

Under the nuclear agreement, Iran agreed to limit its nuclear program in return for the termination of all nuclear-related sanctions against the Islamic Republic.