Iran on verge of new intl. economic relations

TEHRAN, Oct. 10 (MNA) – Iran's Minister of Economic Affairs and Finance Ali Tayyebnia has announced the beginning of a new chapter in Iran’s economic relations with the world.

Speaking at the opening ceremony of the annual meetings of the World Bank Group and the International Monetary Fund attended by heads of the World Bank, the IMF, economy ministers as well as heads of central banks, Ali Tayyebnia stated that, “Iran is among countries with high economic potentials and can be marked as an emerging country."

Iranian minister, who is staying in Lima, Peru to attend the World Bank Group meeting, numerated several economic advantages for Iran including natural resources, strategic location, educated workforce, large domestic market as well as appropriate infrastructure marking them as only part of Iran's advantages over other Middle Eastern countries.

Meanwhile, he pointed to the efforts made to improve the economy and control inflation deeming technology transfer, foreign investment and funding as vital to further development of Iran’s economy.

“I expect the World Bank and other international developmental institutions to assist my country in achieving its economic goals,” he added.

Tayyebnia further asserted that, “being a member of the World Bank and the IMF, Iran has always been committed to international institutions; Iran also expects them to offer relevant services towards sustainable development of the country.”

“Due to its vital role in development of countries all around the world, the World Bank can help the issue without discrimination,” noted Tayyebnia stressing that, “after years of sanction which led to concerns on relations between Iran and the World Bank, now it’s time for Iran to enjoy funding and financing of development banks.”

“Cooperation with development agencies is Iran's top priority and we hope the available opportunities will be used in all sections including financing, trade and investment on the part of international development institutions,” Iranian official concluded.

HA/2936549

News Code 110850

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    • Soheil Z 04:23 - 2015/10/12
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      don't become indebted to Western International Jewish bankers (who run IMF and wORLD BANK and all major banks)! oil price is down so as to make Iran a slave to jewish bankers , beware Iran. DO NOT BOROOW AND DO NOT LET YOUR FOREIGH TRADE BECOME CONTROLLED BY JEWISH ZIONIST IRANIANS!