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Iran guarantees foreign investment: Deputy FM
Sep 6,2007

Iranian Deputy Foreign Minister for Economic Affairs Ali-Reza Sheikh-Attar here Thursday addressed foreign companies that Iran guarantees foreign investment in its various economic sectors.
Sheikh-Attar made the remark in the `First Seminar on Trade and Investment Opportunities in Iran`, which is being held in Hong Kong, adding that despite all propaganda campaign waged by the US, foreign investment in the Islamic country has increased.
Foreign investment in Iran grew to dlrs 10.
5 billion in the last Iranian year of 1385 (March 21, 2006- March 20, 2007) compared to dlrs 4.
5 billion in the year before.
`We try to provide foreign investors with insurance coverage encourage them invest in Iran,` he said, adding, `Iran`s foreign ministry, particularly embassies and consulates, play key role in this respect.
` According to Sheikh-Attar, holding such seminars will help remove Iran`s negative image depicted as a result by the US propaganda apparatus.

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