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Iran Safest Place for Foreign Investors: VP

Service : Economy
TEHRAN, April 15 (ICANA) – Iran is one of the safest countries for investment in oil, gas and petrochemical sectors, First Vice-President Mohammad Reza Rahimi says.
Friday, April 15, 2011 9:10:15 PM
Iran Safest Place for Foreign Investors: VP

"Foreign companies which have been banned from investing in Iran by global arrogance can invest in Iran's energy projects,” Rahimi said at the opening ceremony of Iran's 16th International Oil, Gas, Refining, and Petrochemical Exhibition on Friday.

“Sanctions imposed by the enemies do not have any impact on the Iranian nation. Iran has managed to reach great achievement despite all these sanctions,” he added.

Rahimi further hailed the Western companies that have taken part in the exhibition, saying their participation means “they have turned their backs on the sanctions enemies imposed against Iran.”

“Iran guarantees the assets of all foreign investors and is ready to sign contracts with foreign companies in oil, gas and petrochemical sectors,” he said.

Iran's 16th International Oil, Gas, Refining, and Petrochemical Exhibition opened in Tehran on Friday, in the presence of Iranian top officials and ambassadors of foreign states, and will run from April 16 to April 19.

Among participating countries in the exhibition are Austria, Spain, Australia, England, Italy, Germany, Turkey, the Czech Republic, Denmark, Russia, France, the Netherlands, Norway, India, Singapore, Japan, China, Taiwan, Thailand, Saudi Arabia, Canada, and Brazil.

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