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Business / Middle East Business

Iran attracts $7 billion of foreign investments after nuclear deal

Published: 30 Aug 2017 - 12:02 am | Last Updated: 02 Nov 2021 - 01:53 am
Two Iranian women walk along a street past a mosaic mural on Jaunary 14, 2017. (AFP / Atta Kenare)

Two Iranian women walk along a street past a mosaic mural on Jaunary 14, 2017. (AFP / Atta Kenare)

QNA

Tehran:  Iran has attracted the equivalent of $7 billion of foreign investments in the industrial, mining and commercial fields after the nuclear agreement.

Director-General of Foreign Investment Affairs at the Iranian Ministry of Industry, Mine and Trade Afrooz Bahrami said in a statement Tuesday that the investments have entered the country within the framework of 103 projects, of which 41 projects have been launched so far, and 62 projects are currently being completed.
Iran and the six world powers reached a comprehensive agreement on the Iranian nuclear program on July 14, 2015 after 21 months of negotiations. The agreement includes easing international sanctions against Tehran.