Foreign firms should bring capital, technology to Iran: Nahavandian

The yardstick for the selection of foreign companies will be general policies of the resistance-based economy, said Nahavandian.

President Rouhani’s Chief of Staff Mohammad Nahavandian said that foreign companies should bring capital and technology to Iran in the post-sanctions era.

Recalling the arrival of foreign companies in Iran and their interest in investing in the country’s economy, he added that post-sanctions opportunity should be seized properly to bolster national production and economy.

Nahavandian said that the government insists that the agreements with foreign firms not turn the country into a gateway for imports, adding that foreign sides were clearly informed that the only way for their presence in Iran is participation and investment.

Only the companies which bring in capital and technology will be allowed to enter the country’s economic undertakings, the official said, noting that in that case, Iranian projects will be mutually beneficial.

Nahavandian also said that the yardstick for the selection of foreign companies will be general policies of the resistance-based economy.

Golrokh Askarieh

Recent Posts

Teacher saves kids amid flood in Iran

A video has gone viral showing an Iranian teacher endangering his life to help students…

19 mins ago

US says paused shipment of bombs to Israel amid concerns over Rafah offensive

Washington has paused a shipment of bombs to Israel amid concerns over their potential use…

3 hours ago

EU proposes new choice to tap Russian money amid war: Report

The European Union will reportedly allow neutral member states to opt out of its plan…

3 hours ago

Lithuania says ready to send soldiers to Ukraine

Vilnius is prepared to deploy its troops on Ukrainian soil for a training mission, Financial…

3 hours ago

Iran Leader meets Futsal National Team

Leader of Iran's Islamic Revolution Ayatollah Seyed Ali Khamenei on Wednesday met with members of…

5 hours ago

Minister: Iran oil production increased 60 percent

Iran’s Oil Minister Javad Owji said oil production in the country has jumped 60 percent…

5 hours ago