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Tags: ML | Iran | Economy

Iran Seeks $45B in Foreign Investment

Saturday, 20 February 2016 07:14 AM

TEHRAN, Iran (AP) — Iran's economy minister says his country is seeking $45 billion in foreign investment following the implementation of a landmark nuclear deal with world powers last month.

Ali Tayebnia told reporters Saturday that Iran expects $15 billion in direct foreign investment alone in the next Iranian calendar that begins March 20.

The historic agreement brought about the lifting of international sanctions last month after the U.N. certified that Iran has met all its commitments to curb its nuclear activities under last summer's accord.

Iran expects an economic breakthrough after the lifting of sanctions, which will allow it to access overseas assets and sell crude oil more freely.

© Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


MiddleEast
Iran's economy minister says his country is seeking $45 billion in foreign investment following the implementation of a landmark nuclear deal with world powers last month.Ali Tayebnia told reporters Saturday that Iran expects $15 billion in direct foreign investment alone...
ML,Iran,Economy
109
2016-14-20
Saturday, 20 February 2016 07:14 AM
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