A Memorandum of Understanding was inked between Islamic Cooperation Youth Forum and the Barakat Foundation on July 21, 2023.

Iran PressIran news: The aim of signing the MoU was to promote cooperation for the development, strengthening entrepreneurship, job creation, and economic empowerment of youth and international communities.

Attending the event, the CEO of the Barakat Foundation stated: "Over 5 billion and 400 million dollars have been invested by Barekat Foundation to develop the country over fourteen years."

Mohammad Torkamaneh pointed out: "It is an excellent opportunity to share the experiences of the Barakat Foundation with Islamic countries."

In another part of his speech, he further stressed: "Barakat Foundation operates in more than 16 thousand villages and in all provinces by creating employment, which is the most important goal."

He added: "We have invested more than one hundred million dollars in knowledge-based fields."

He concluded that with practical measures, Barekat Foundation tries to remove deprivation in the country, particularly in less privileged areas.

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