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News ID: 7548
Iran » Iran
Publish Date: 19:51 - 01 February 2017
Iran has received $7 billion foreign investment in the current Iranian calendar year (started on March 20, 2016), said President of Iran's foreign investment organization Mohammad Khazaei.
Iran receives 7 bln foreign investment, says officialIran has attracted $7 billion foreign investment this year to develop economic and production infrastructure.

Earlier on January 4, Iranian Minister of Industry, Mine and Trade Mohammad-Reza Nematzadeh voiced his satisfaction over the multi-billion-dollar investment by foreign countries in the mining and industrial sectors.

"The government has attracted over $8.5 billion for the implementation of 170 industrial and mineral projects 80 of which have come on stream," Nematzadeh said.

The Iranian industry minister pointed to Turkey, European countries and Commonwealth of Independent States (CIS) as major investors in Iran’s industry sector, and said, "Foreign investment had been expedited in the light of the country's economic stabilization."

Previously, negotiations were held between Tehran and Ankara over addition of 40 types of export commodities to the list by each side.

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