Foreign investment up by 40% in Iran stock exchange
EghtesadOnline: The implementation of the Joint Comprehensive Plan of Action (JCPOA) has increased the volume of foreign investment by 40 percent, an official at Securities and Exchange Organization of Iran (SEO) said here on Tuesday.
Talking to IRNA, the Vice Chairman of SEO in International and Foreign Investment Affairs Bahadour Bijani said Iran capital market is highly welcomed by foreign investors following the JCPOA clinched on 14 July 2015 between Iran and P5+1.
Touching upon the stock diplomacy and increase of international transactions after the post-sanction era, Bijani reiterated that Iran has increased its cooperation with a number of capital market international institutions.
He underscored that the SEO attaches great importance to perform joint projects with foreign institutions.
Referring to the MoU recently inked between SEO of Iran and South Korea's capital market and financial institutions, he said the MoU aimed at connecting the capital markets of the two countries.
He concluded that Iran enjoys cordial relations with several foreign countries including Germany, Switzerland, Turkey, Greece as well as Oman in the fields of stock exchange.