Foreign investment in SEO up by 40%

TEHRAN, Jul. 12 (MNA) – Deputy SEO said the volume of investments in the organization has surged by 40 percent following the JCPOA-implementation.

Vice Chairman of Securities and Exchange Organization of Iran (SEO) for International and Foreign Investment Affairs Bahador Bijani said “interactions with foreign agencies were initiated even before the Joint Comprehensive Plan of Action (JCPOA) was implemented.”

The official added “defining joint projects with foreign parties proves to be more beneficial than inking Memoranda of Understanding (MoUs).”

Bijani, while pointing to the signed MoU with South Korea, noted “the agreement aims to connect the two sides’ SEOs leading to escalation of bilateral ties between Tehran and Seoul.”

“Instead of sealing deals with all world countries, Iran is planning to boost ties with a specific number of target states,” continued deputy SEO adding “so far, we hold good relations with Germany, Switzerland, Turkey, Greece, Oman while negotiations are underway with some other countries including France.”

According to the law, foreigners can participate in Iran’s SEO after following due processes and obtaining a trading code.

Upon lifting of sanctions, the willingness of individuals and foreign companies to participate in Iran's SEO has increased significantly.

At the present time, investors from America, Britain, Russia, Germany, Switzerland, Sweden, Uzbekistan, China, Netherlands, India, Turkey, Lebanon, South Africa, Japan, Cyprus, Italy, UAE, Norway, Greece, Indonesia, Maldives, Hong Kong, Qatar, Iraq, Pakistan, Syria, Luxembourg, Kuwait, New Zealand, Malaysia and Afghanistan are active in the Securities and Exchange Organization of Iran (SEO).


News Code 118028


Your Comment

You are replying to: .
  • captcha