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| Iran- Favorable
and Promising Prospects for Foreign Investors |
| Foreign
investors can repatriate the principal and profits on
their investments in any manner they like. |
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| Backed by the
experiences gained during two decades of endeavor, construction
and fortification of its economic infrastructure, the
Islamic Republic of Iran has commenced its third decade
on an encouraging note looking forward to a bright and
promising horizon. The confidence and determination of
the government to continue the strategy of economic reorganization
has been embalmed within the framework of the third five
year plan and many of the demands and prerequisites for
a systematic and stable progress have either been complied
with or are being established. Under such circumstances,
the necessary atmosphere has been created for domestic
and foreign investment on a large scale. |
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| The natural environment
of Iran, with 2,500 kilometers of shoreline and water
borders besides the towering Alborz and Zagross mountain
ranges, brings about a high potential for investments
in the fields of agriculture, industry, transportation,
export and other trading activities. According to economic
experts, with due regards to its varied resources, management
possibilities, geographic location, an active and young
population and an educated labor force specializing in
various fields, Iran has the potential as well as the
disposition to achieve a lucrative economic growth congruous
to the global changes and growth. |
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| The vast reserves
of minerals such as oil, gas, iron ore, copper, zinc,
etc. that can be found in abundant quantities in Iran,
have a promising potential for new explorations and exploitation
which, with a calculated investment, can produce the most
lucrative results. Naturally, the Islamic Republic of
Iran is not interested in only exporting mineral ores
in a raw state but, by investing in the acquisition and
utilization of modern technology, to increase their added
value by converting them into finished products. |
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| Investment,
be it domestic or foreign, besides aiming to develop the
country, create job opportunities, participate in construction
and other objectives, should also take profitability into
consideration. The realization of these aims demands security
for the investments made, and this security has its own
special requirements. The policy to stabilize the rules
and regulations governing economic and trading activities,
adopted by the Iranian government in recent years, has
been further accelerated by the commencement of operations
of the sixth Majlis (Iranian Parliament) and this phenomenon
is being seriously pursued. Stabilization of other macro
economic factors such as the rates of interest, taxes,
inflation and foreign exchange are also being considered
and these factors, in aggregate, have created suitable
grounds for the attraction of domestic and foreign investments,
especially in the field of production. |
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