3 May 2019 - 16:44
News Code 83301294
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Iran has capacity to attract $ one trillion foreign investment

Tehran, May 3, IRNA – Iran has a widescale economic capacity to attract one trillion dollars foreign investment, a senior Iranian industry official said on Friday.

The world today is suffering from chaos, social unrest and international confrontations, so that such conferences on cooperation encouraging humanitarian values and interactions and respecting international laws lead to stronger convergence among Asian countries, Iran's Deputy Minister of Industry, Mines and Trade, Mohsen Salehinia said at the trade forum of the 16th Asian Cooperation Dialogue (ACD).

The 34 members of ACD with 29 percent of the world GDP and home of 56 percent of the world population have the highest potential for manufacturing, trade, economic, political and social capacities, he said.

Islamic Republic of Iran as a peaceful country is willing to stretch its trade and economic relations in all fields including transfer of technology, education, energy, tourism, industry, mining, telecommunications infrastructure, medicine and health, Salehinia said.

Today, path of growth and progress of the nations around the world passes through cooperation with all countries with the aim of establishing an international order, nations rights protection and mutual respect among them, according to the Iranian official.

Iran, according to the all international organizations, has been committed to all its obligations under the nuclear deal, but it is still the target of sanctions, he said calling on all countries to play a more active role to thwart 'the US brutal, unilateral sanctions on Iran'.

The US methodology of unilateralism will drive all countries into trouble leading to excessive demands of the unreasonable states, he said, citing US Administration.

The official reaffirmed that the infrastructure for foreign investment in trade, industry, mining, agriculture and services is ready as Iran is the country of economic opportunities.

The 16th round of ACD is being held in Doha. Promotion of convergence among Asian countries, turning the continent into the Asian Community and making Asia as a major player in the world developments are among the main goals of the conference.
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