Transfer of technology, provision of markets for Iranians firms

Tehran, Jan 31, IRNA – Minister of Information and Communications Technology said on Sunday that the preconditions for the presence of foreign companies presence in Iran include transfer of technology and provision of export markets in their own countries, or third countries.

Mahmud Vaezi added in a meeting with the press on the sidelines of opening ceremony of a Job Creation Center that the government's three preconditions for the presence of foreign companies should be to produce credit lines, they should transfer technology to Iran and they should offer markets to the Iranian companies either in their counties' of origin or in the third countries.
He said that the foreign companies need to observe all the regulations set by the Iranian government in order to ensure their continuous presence in Iran.
Criticizing the argument of the Iranian analysts who argue that just as the West that once sanctioned, Iran should also sanction the Western companies today, Vaezi said that the government is opposed to the mentality.
He added that such critics disregard the country's national interests, under such conditions that the oil prices keep lowering and the national economy is in need of rapid recovery and fast blossoming.