مسعود کرباسیان

Minister of Economic Affairs and Finance emphasizes the reinforcement of economic diplomacy and the use of currency bond for attracting foreign financial resources.

Masoud Karbassian, Minister of Economic Affairs and Finnance, convened the first meeting of Foreign Investment Board in twelveth administration. In the beginning of the session Mohammad Khazaei, Head of Investment Organization, gave a report as to the function and some measures of Foreign Investment Board.

He made the remarks that over 18 bn dollars in foreign investment was attracted since the beginning of the eleventh administration until Mordad month, 1396 (ended up July) underlining Investment Organization makes an attempt to achieve its objectives stated in sixth development plan which aims at 8% economic growth.

Also Karbassian delivered a speech noting the President has emphasized the importance and improvement of foreign investment status, so attraction and encouragement of foreign investment in Iran are the most major programs of Ministry of Economic Affairs and Finance. 

He touched upon the joining free trade zones to Ministry of Economic Affairs and Finance adding by taking into account the zones potential for absorbing foreign investment giving advice to Investment Organization to be more active to attract capital in free trade zones.

Commenting on his meeting, Karbassian described his minstry axial programs such as paving the way for using more human capital and Iranian residents, promoting economic diplomacy, using tools of currency bond for attracting foreign financial resources, active cooperation between Investment Organization and Chamber of Commerce and interaction with the private sector.

Acccording to this report, the members of investment board were present at the meeting.

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