Tehran (IP) - Iran's Minister of Finance said that foreign investment set a record in Raisi's administration and reached two times more than the days the whole country's economy was tied to the JCPOA.

Iran PressIran news: Iran's international nuclear agreement or the so-called Joint Comprehensive Plan of Action (JCPOA) was signed between the country and P5+1 countries (Russia, China, UK, Germany, France, and the US) in 2015, to lift the West's sanctions on Iran, but the US scrapped it on May 18, 2018, re-imposing more sanctions on Iran.

In terms of foreign investment, the 16-year investment attraction record was broken with 5.5 billion dollars of real official investment last year, Iranian Finance Minister Ehsan Khandouzi told Iran Press in a news conference on Wednesday.

Khandouzi said that the actual number was more than the amount achieved in 2023, but in total, the performance of the late Raisi's administration of 12 billion dollars of foreign investment has been realized.

The minister stated that in the Middle East region, Iran's status is promising in terms of attracting foreign direct investment.

Iran has been ranked 4th among the 10 countries of the region in terms of direct foreign investment in 2022, he reported.

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