A few days after Tehran and Riyadh agreed to resume bilateral diplomatic relations, Saudi Arabia's finance minister announced that his country may start investing in Iran "very soon" despite international sanctions against the Islamic Republic of Iran.

Iran PressMiddle East: "If we stick to the principles of what was agreed upon, this may happen very quickly," Mohammed bin Abdullah. Al-Jadaan, Minister of Finance of Kingdom of Saudi Arabia said at a financial conference in Riyadh on Wednesday.

Referring to the "plenty of opportunities in Iran," he added: "I don't see any problem that can prevent investment. As long as we abide by the agreement, it means that we respect national sovereignty and do not interfere in other nations' affairs."


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