Jahangiri: Iran is open to all investors

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On December 22, 2015, Posted by , In News, With No Comments

First Vice President Es’haq Jahangiri said that Iran in is an opportunity for all investors around the world and they can benefit from Iran’s 80-million as well as the region’s 400-million markets.

Addressing a joint conference of Iran-Algeria businessmen and economic activists, he added that over 15 countries around Iran are in need of other countries’ commodities.

Iran can provide an opportunity for the friends to produce goods both for the Iranian market and other regional countries, he said.

Jahangiri further contended that the revolutionary nation of Algeria has opened the way for fighting arrogance and seeking freedom for all nations.

Noting that Iran and Algeria have similar stances vis-a-vis regional and international issues, he said that the two countries have excellent political ties and high-ranking officials are resolved to promote political, economic and social relations.

Unfortunately, economic ties have not developed in proportionate to political and cultural ties, Jahangiri said, hoping that his visit to the country and the seminar will mark a new beginning for boosting cooperation.

Some 50 memoranda of understanding have so far been signed by the two countries, he said, noting that the deal should be pursued seriously so that they would be implemented.

Iran boasts of good capabilities in the fields of oil, gas, petrochemicals, steel, copper and aluminum, the official said, adding that the country has good experience in implementation of infrastructure projects.

‘Tehran and Algeria are in the same front,’ he said, hoping that they would be able to prevent low oil prices in cooperation with each other and other countries.

Algerian Prime Minister Abdelmale Salal also told the same gathering that the conference reveals the two sides’ resolve to boost economic ties and raise them to the level of political relations.

Friendly ties between the two states require taking long steps in the economic sector and make further efforts to implement joint projects and establishment of joint companies, he said.

‘We are seeking to promote Tehran-Algiers ties because the enemies will have no place in economic cooperation,’ he said.

Minister of Energy Hamid Chitchian, Justice Minister Mostafa Pour-Mohammadi, Governor of Central Bank Valiollah Seif and Head of Chamber of Commerce, Industries, Mines and Agriculture Mohsen Jalalipour are accompanying Jahangiri in his visit to Algeria.

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