Iran makes efforts to identify suitable partners in all areas from industrialized countries, especially from Germany, and seeks to provide the background for participation of foreign investors, a banking official said here Monday.
Managing director of Industry and Mine Bank, Ali Ashraf Afkhami, in a meeting with a delegation from the German organization of ‘Global Bridges’ said that the business atmosphere in today’s Iran is ready to enter a competitive market after it reached agreement with the world powers on its nuclear issue.
He stressed that cooperation between Iran and the world community should be considered a unique economic opportunity that could lead to positive results for both sides.
According to Afkhami, Iran’s petrochemical and steel industries are of high efficiency, a fact that results in an increase in Iran’s competitive advantage in global markets, and investment partnership in the field of industry secures interests of both sides.
He said that his bank is preparing its plans to facilitate participation of foreign investors in Iran and absorb appropriate partners from industrial countries, from Germany in particular.
Global Bridges is a non-profit independent organization that works on strengthening economic, political, legal, banking and cultural interactions in more than 40 European and American countries as well as in Russia and China.
The presence of the German delegation in Tehran is aimed at negotiating development of cooperation in fields of economy, trade, culture, banking, legal, tourism and technology transfer between Iran and Germany.
Bank of Industry and Mine has 53 percent of the stake in Iran and Europe Bank that has its headquarters in Hamburg, Germany.
Source: IRNA - Date: (12 April 2016)