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Iran agrees over $2 bln of projects with EU companies

Business Desk |
Update: 2015-07-23 11:18:00
Iran agrees over $2 bln of projects with EU companies Photo Courtesy: iran-un.org

DHAKA: Iran has completed negotiations with some European companies wanting to invest in projects in the country following a nuclear deal reached between Iran and world powers this month.

An Iranian deputy minister said on Thursday, reports The Jerusalem Post.

‘We are recently witnessing the return of European investors to the country. Some of these negotiations have concluded, and we have approved and granted them the foreign investment licenses and protections,’ Mohammad Khazaei told a conference promoting trade between the EU and Iran.

‘Even in the past couple of weeks we have approved more than $2 billion of projects in Iran by European companies,’ he said, without naming any of the firms or providing further details on the deals.

BDST: 2118 HRS, JULY 23, 2015
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