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Why should I invest in Iran

Iran qualifies from many respects to be a good location for investment and doing business. it has huge potential for investing after the termination of economic sanctions, Some of the features are highlighted below:
1. Vast domestic market with a population of 80 million growing steadily 2. Young, educated and cheap labor force 3. Excellent strategic geographical position 4. The quick and easy access to neighboring markets with a population of 350 to 400 million 5. Developed and ready infrastructure 6. Cheap and abundant raw materials, energy and transportation 7. The four-season climate and climate variability in the country 8. Fiscal incentives 9. Security and political stability 10. Untapped and consumer market ..

Australian Minister of Trade Steven Ciobo will lead a delegation to Tehran September 27.

The major aim of Ciobo’s Tehran travel is to reopen the country’s trade office in the Iranian capital. The office has been closed since 2010.

Ciobo’s visit to Tehran will be the first of the kind in about 15 years.

‘There are significant trade opportunities as Iran re-engages with the world following the easing of sanctions,’ he has told ABC News.

Iran is a ‘potential source of future economic growth,’ he added.

‘In that respect, we’ve seen the easing of sanctions and it’s really through the easing of those sanctions now that Australia and other countries are looking to Iran, a country of some 80 million people, as a good potential source of future economic growth.’

Ciobo said the country (Iran) was moving in the right direction.

In line with the July 2015 nuclear deal between Iran and the six world powers, which led to lifting of the anti-Iran sanctions on January, 2016, Australia eased sanctions against Iran in early March.

Iran and Oman, in a bid to facilitate trade and tourism between the two nations have launched a ferry service line in the Persian Gulf.

Omani Minister of Commerce and Industry Ali bin Masoud al Sunaidy accompanied by other Iranian and Omani officials attended a ceremony on Sunday held to celebrate launching the maritime route linking Bandar Abbas in southern Iran to the city of Khasab on the shores of Oman.

The Khasab-Bandar Abbas ferry line provides the possibility of weekly exchange of passengers between the two countries.

There is also another ferry line linking Khasab to Shahid Bahonar Port for transportation of commodities.

Masood Pakzad, an official affiliated with the Southern province of Hormozgan Governorate General said in the ceremony held to celebrate the event that Oman can become a hub for re-exporting the Iranian commodities.

The Khasab-Bandar Abbas ferry line is going to help enhance all-out ties particularly trade ties between Iran and Oman, Pakzad said.

The route will also encourage the private sector in Oman and Iran to increase their investments in the future.

Italian Ambassador to Tehran Mauro Conciatori in a meeting with Hormuzgan Governor General Jassem Jadari here on Saturday voiced his country’s willingness to broaden economic and industrial relations with Iran.

‘Iranian President (Hassan Rouhani) and Italian Prime Minister (Matteo Renzi) met in New York three days ago which was for the fourth time over past years; during this meeting the two sides underscored the need for doubling the efforts to broaden relations,’ Conciatori said.

‘Iran and Italy have deep familiarization about each other and they have been in contact with each other through Silk Road which can pave the way for development of communications between the two countries,’ he added.

He pointed to the berthing of Italian warship in Bandar Abbas, and said, ‘This presence is a sign of positive development in the two sides’ communications.’

Iranian 62-member delegation led by President of Tehran Chamber of Commerce Masoud Khansari will visit Taiwan to explore the grounds for economic cooperation.

Taiwan External Trade Development Council confirmed on Saturday that the visit will take place on Monday.

The agenda of the Iranian delegation is to discuss issues of mutual interests with their Taiwanese counterparts.

The Iranian delegation is scheduled to attend ‘Iran’s Trade Opportunity Day’ in Taiwan on Tuesday.

Five senior directors in the Iranian delegation are expected to explain opportunities in Iran’s market in the fields of electricity, food supplies, car spare parts, medical and sanitation affairs and electronics.

President of Taiwan External Trade Development Council Peter Huang and Masoud Khansari are to sign a memorandum of understanding on economic cooperation and trade ties.

Iran’s Chamber of Commerce, Industry, Mine and Agriculture is a very influential and important organization in Iran. It was founded in 1884 and has 15,000 members.

Taiwan External Trade Development Council declared that Iran after implementation of JCPOA and lifting the sanctions turned to one of the most popular markets in the world.

Boeing Company has announced on Wednesday that it has received US approval to sell its planes to Iran after almost 40 years.

According to a report by Bloomberg, the permission had paved the way for the biggest business transaction between the two nations since the 1979 Islamic Revolution in Iran.

‘The US Treasury Department granted licenses to Boeing and Airbus Group SE on Wednesday for the first of a flurry of aircraft orders that Iran is counting on to upgrade an aging fleet,’ Bloomberg reported.

Airbus won approval to export the first 17 jets in a $27 billion transaction announced in January as economic sanctions were eased after the implementation of the landmark nuclear deal between Iran and the world sextet (US, Britain, Russia, France and China plus Germany) better known as the Joint Comprehensive Plan of Action (JCPOA) started.

Boeing is still finalizing terms to provide as many as 109 jets to Iran Air, the Chicago-based plane-maker said in an e-mailed statement.

“Any final sales agreement would have to adhere to the license we’ve been issued,” Bloomberg quoted Mark Sklar, a spokesman for Boeing as saying.

Iran’s Minister of Roads and Urban Development Abbas Akhundi has recently said that Iran expects the US Department of Treasury to remove the obstacle to buy airplanes.

‘I hope the limitations could be removed soon so that we can buy airplane,’ Akhundi said on the sidelines of the second conference on investment opportunities in Iran’s aviation industry.

Vice-President of Boeing Company Martin Bentrott had earlier told IRNA at the 1st Global Conference on Sustainable Transport in Ashgabat, Turkmenistan, that the company has no problem to sell airplane to Iran adding that the circumstances for getting permission from Office of Foreign Assets Control (OFAC) is satisfactory.

OFAC is a subsidiary for the US Treasury Department.

Energy Minister Hamid Chitchian said on Friday that promoting renewable energies application serves as the pivot of cooperation between Iran and Denmark in future.

In a meeting with his Danish counterpart, he called for collaboration on renewable energies, promoting water resources quality and recycling waste water.

Referring to Energy Ministry’s commitment to observe environmental considerations while implementing projects and Iran’s voluntary participation regarding Paris International Forum’s agreements, Chitchian said that given Denmark’s capabilities as well as Iran’s unparalleled capacities in the fields of wind and solar powers, promoting renewable energies application can serve as the basis of mutual cooperation in future.

The Iranian minister also said that water and wastewater treatment can be a good area of cooperation for the two countries’ private sectors.

Danish Minister for Energy, Utilities and Climate, said he will visit Tehran to discuss areas of cooperation and promoting bilateral ties in the fields of water and electricity.

Meanwhile, in a meeting with the country’s minister of environment and food, Chitchian said that Iran has been facing a worrisome drought for 15 years due to climate change and low rainfall.

He also urged collaboration on reducing consequences of climate change, management of water consumption and promoting efficient irrigation technologies in the agriculture sector.

Chitchian called on Danish companies to cooperate with their Iranian counterparts in promoting water resources quality, and reducing urban water loss.

Iran and Romania discussed avenues for cooperation on forests, pasture and herbal medicine in a meeting in Tehran.

Head of the Forest, Rangeland and Watershed Management Organization (FRWO) Khodakaram Jalali said in a meeting with the Romanian Minister of Environment and Forests Christiana Pasca Palmer that Iran has 14.2 million hectares of forests, one hectare of which is in Hirkani that is partly exploited.

He further noted that Iran is a climatically diverse country which enjoys 11 of 13 climates across the world and is the fifth country in the world in terms of biodiversity.

Iran boasts of high experience in the field of desert greening in the region and world and has so far conducted eight hectares of desert greening, he said.

Jalali said that herbal medicine is one of clear-cut characteristics of forests and pastures in Iran which enjoys high potentials in the field.

Palmer, for his part, described uncontrolled exploitation of forests and wood smuggling as one of the biggest challenges facing the country’s management of forests, saying that Romania is one of the countries enjoying the most natural forests among the European states.

Romania with 6,900,000 hectares of forests boasts of very rich biodiversity, he said, noting that 50 percent of its forests are run by private sector.

Romani which boasts of diverse herbal medicines can have excellent cooperation with Iran in the field, Romanian minister said.

Romania is in southeast Europe and its capital is Bucharest .

Palmer is to talk with Agriculture Jihad Minister Mahmoud Hojjati on September 19.

South Korea is keen for cooperation with Iran’s Isfahan province on environment protection issues, a senior South Korean parliamentarian said.

In a meeting with Governor General of Isfahan province Rasoul Zargar Saturday evenin, Yung Pio Hung who is the chairman of the environment and labor committee of the South Korean National Assembly said growing protection between the two sides could help tackle the province’s environmental problems.

Noting that his country has already achieved very high standards in environmental sciences, he voiced readiness to transfer the experiences and the knowledge Isfahan province needs for dealing with its living environment.

He also called for the establishment of a direct flight between Seoul and Isfahan and urged signing of sisterhood agreements with the Iranian historical city and one of South Korean cities.

The Isfahan Governor General said the implementation of a comprehensive plan of action on air pollution in the province has been of good results.

However, he said, the province has still got much to do in resolving the air pollution problem.

Isfahan is the capital of Isfahan Province in Iran, located about 340 kilometres south of Tehran, on the main north–south and east–west routes crossing Iran. The city was once one of the largest cities in the world specially during the 16th and 17th centuries under the Safavid dynasty, when it became the capital of Persia for the second time in its history.

Isfahan is famous for its Persian–Islamic architecture, with many beautiful boulevards, covered bridges, palaces, mosques, and minarets and a wide variety of historic monuments.

Several German investors have voiced readiness to set up publishing industry unit in Ardebil in cooperation with Iranian firms, said managing director of Ardebil Industrial Townships Company said on Saturday.

Ebrahim Faridi said that the German investors engaged in producing machinery for publishing purpose are scheduled to undertake a joint venture with Shiran-Negar Company, biggest publishing industrial unit in northwestern Iran, in the field of publishing newspapers and textbooks.

Referring to 150 billion Rials investment by the company in the first phase, the investors also intend to establish a factory producing cardboard from waste papers.

Faridi also said that supporting foreign investors to create jobs and economic development requires all-out backing of state officials.

Putting the number of industrial townships at 16 across the province, he said that 15 other industrial townships have also been completed and are ready for joint venture investment.

Iran’s Minister of Communication, Mahmoud Vaezi conferred on Thursday afternoon with the Swedish Minister of Civil Affairs Ardalan Shekarabi on expansion of economic and social affairs between the two countries.

In the meeting, Vaezi said Iran is to use Sweden’s invaluable e-government experiences for handling economic and social affairs.
Vaezi also briefed the Swedish minister on the latest achievements and the relative investments in the ICT in the Islamic Republic of Iran.
Iran is in need of high tech countries to further develop in the field, Vaezi said.
The Swedish minister, for his part welcomed expansion of mutual cooperation in the field and said the EG is now rendering invaluable services in financial, educational, health and treatment as well as all affairs related to municipalities.
Sweden can easily put all its experiences at the disposal of the Islamic Republic of Iran, he said.
Sweden can also put its technical knowledge and services under EG to applicant companies in Iran, he said.
The international community should be duty bound to transfer such services to other societies and Sweden for its part is ready to fully cooperate with them, he said.

Latest News


Australian minister to reopen trade officet in Tehran Sept 27

Australian Minister of Trade Steven Ciobo will lead a delegation to Tehran September 27. The major aim of Ciobo’s Tehran travel is to reopen the country’s trade office in the Iranian capital. The office has been closed since 2010. Ciobo’s visit to Tehran will be the first of the kind…

Iran, Oman launch ferry service line to boot trade, tourism

Iran and Oman, in a bid to facilitate trade and tourism between the two nations have launched a ferry service line in the Persian Gulf. Omani Minister of Commerce and Industry Ali bin Masoud al Sunaidy accompanied by other Iranian and Omani officials attended a ceremony on Sunday held to…

Italy calls for expansion of economic ties with Iran

Italian Ambassador to Tehran Mauro Conciatori in a meeting with Hormuzgan Governor General Jassem Jadari here on Saturday voiced his country’s willingness to broaden economic and industrial relations with Iran. ‘Iranian President (Hassan Rouhani) and Italian Prime Minister (Matteo Renzi) met in New York three days ago which was for…

Taiwan to host Iranian commercial delegation

Iranian 62-member delegation led by President of Tehran Chamber of Commerce Masoud Khansari will visit Taiwan to explore the grounds for economic cooperation. Taiwan External Trade Development Council confirmed on Saturday that the visit will take place on Monday. The agenda of the Iranian delegation is to discuss issues of…

Boeing receives US permission to sell planes to Iran

Boeing Company has announced on Wednesday that it has received US approval to sell its planes to Iran after almost 40 years. According to a report by Bloomberg, the permission had paved the way for the biggest business transaction between the two nations since the 1979 Islamic Revolution in Iran….

Iran, Denmark to boost renewables cooperation

Energy Minister Hamid Chitchian said on Friday that promoting renewable energies application serves as the pivot of cooperation between Iran and Denmark in future. In a meeting with his Danish counterpart, he called for collaboration on renewable energies, promoting water resources quality and recycling waste water. Referring to Energy Ministry’s…

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