The state news agency IRNA and the news agency Tasnim have reported that Mohammad Reza Nematzadeh, Iran's Minister of Industry, Mine and Trade, announced Tehran's readiness to transfer land and stock ownership to foreign investors. In an interview with the Italian newspaper 'Il Sole 24 Ore', he stated that Iran's goal is joint investment, attracting foreign capital, and producing goods for export in global markets. Nematzadeh emphasized that the Islamic Republic of Iran imposes no restrictions on investors, stating: 'We guarantee property rights, including investors' rights to land, alongside other shareholder rights.' The Tasnim news agency also noted that the Minister of Industry, Mine and Trade confirmed Iran's full readiness in this regard.
Iran's Readiness to Transfer 100% Land Ownership to Foreign Investors
Iran is prepared to offer full land ownership to foreign investors as part of its strategy to attract foreign capital and boost exports. This announcement was made by Minister Mohammad Reza Nematzadeh in an interview, highlighting Iran's commitment to ensuring property rights for investors. This move is significant as it reflects Iran's efforts to enhance economic relations and attract investment amidst ongoing sanctions.
👥 Key Players
📰 What Happened
Iran's Minister of Industry announced the country's readiness to transfer full land ownership to foreign investors to attract capital and boost exports. This move is aimed at enhancing economic relations despite ongoing sanctions.
- Iran guarantees property rights for foreign investors.
- The initiative is part of Iran's strategy to increase joint investments and produce goods for export.
💡 Why It Matters
📚 Background
Iran has faced economic challenges due to international sanctions, prompting the government to seek foreign investment to boost its economy.
🏷️ Entities Mentioned
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