Iran Calls on Turkish Investors to Take Opportunities

TEHRAN (FNA)- Mohammed Nahavandian, the president of Iranian Chamber of Commerce, Industries and Mines, said Tuesday Iran wants Turkish investors to make use of opportunities in its territories.

“We have laid required groundwork for foreign investors to undertake projects in Iran,” he told the Turkish-Iranian Business Council that met in Iranian capital of Tehran, the Turkish press reported.

Nahavandian said foreign investors can now establish their own companies in Iran, and Iran has dropped the tax collected from foreigners to 25 percent from 65 percent.

Turkish “Gubretas” has bought Razi Petrochemical facility, and this is the biggest privatization and the first foreign investment under article 44 of the Constitution that encourages transfer of economy from public to private sector, he told.

Nahavandian proposed to set up a common fund in order to support Turkish-Iranian joint investments.

After the meeting, Rifat Hisarciklioglu, the chairman of Union of Chambers and Commodity Exchanges of Turkey (TOBB), met Iranian Minister of Commerce Masud Mirkazemi and Mohammad Javad Salam, the head of Iranian fair administration who is Iran’s Expo delegate.

Hisarciklioglu expressed Turkish businessmen’s demands and complaints to the Iranian minister, whereas thanked Salam for Iran’s support for Aegean province of Izmir’s bid to host Expo 2015.

The TOBB chairman earlier met Iranian Minister of Roads and Transportation Mohammad Rahmati.

Hisarciklioglu is expected to return to Turkey later on Tuesday.