JCPOA playing key role in attracting foreign investment

Tehran, Jan 29, IRNA – Iranian first vice president praised the role of the Joint Comprehensive Plan of Action (JCPOA) in facilitating attraction of foreign investment for major national projects.

Eshaq Jahangiri said on Monday that Iran has signed agreements worth 30 billion dollars with China and some European counties in the post-JCPOA era, noting that the country has concluded 12 billion dollars of investment with foreign sides.

The official said that the foreign finances will be used for executing major infrastructure projects in the transit, health, petrochemicals… sectors.

The Joint Comprehensive Plan of Action, known commonly as the Iran deal or Iran nuclear deal, is an international agreement on the peaceful nuclear program of Iran reached in Vienna on July 14, 2015 between Iran and the Group 5+1 (the US, the UK, Russia, China and France plus Germany).

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