Why it matters:
Iran has ramped up efforts to attract foreign investment, with Russia emerging as a key investor in sectors like energy, infrastructure, and technology. This partnership aims to boost Iran's economy and strengthen ties between the two nations.
What he's saying:
During the meeting with Orenburg officials and manufacturing companies, Deputy Minister of Economy and Director General of the Investment Organization, Abolfazl Kodehei, affirmed the organization's commitment to supporting Russian foreign investment applicants and streamlining the approval process.
Key points:
- To facilitate foreign investment, a joint committee has been established to address issues and expedite procedures.
Goo deeper:
Russia, largest foreign investor in Iran
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