An Iranian MP has said that foreign bank presence in Iran would infuse liquidity into the national economy which could help production flourish, if managed properly.
A deputy economy minister has said that efforts to develop Iran-Brazil ties have gained momentum and that the two countries have inked deals on customs, double taxation and joint ventures.
Under a deal the Ahmadinejad government signed with the Chinese, the Chinese have been entrusted with holding Iran's assets.
The capital market should be as instrumental as the banking system in financing the country's projects, the economy minister said.
Iran's membership of the bank is in line with measures to realize the principles of the resistance-based economy, Minister of Economy and Financial Affairs Ali Tayyebnia said.
The head of Iran’s Chamber of Commerce, Industries and Mines has said that foreign investors show much interest in Iranian market, citing a growing number of business delegations visiting the country.
The corruption occurred between 2006 and 2012. However, officials learned about it in 2013.
Chinese companies are interested to invest in infrastructural projects in Iran's Qom province, specially monorail and airport construction, a senior Chinese official announced on Sunday.
An Italian delegation visits Iran to promote bilateral cooperation.
First deputy- President has said Iran is one of the safest countries for petrochemical investments.