EC Drafts General Policies to Boost Investment

The session, in which the Minister of Economy Tahmasb Mazaheri, the Governor of the Central Bank of Iran (CBI) Ebrahim Sheibani and the Director of the Management and Planning Organization (MPO) Mohammad Sattarifar participated, approved five articles of Iran’s foreign investment policies were approved.

The EC also decided to consider protecting the ownership and supporting the investment of private sector, and giving a priority to the sector for economic activities as the general policies of the Islamic establishment.

The EC highlighted the remarks by the Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei on the significance of investment by the private sector in promoting production and employment in the country by devising the policies.

It underscored the need to encourage domestic enterprises to compete in national and international markets by removing monopolies.

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MNA