TEHRAN -- The Iranian cooperatives minister stated on Tuesday that the $120 million Investment Guarantee Fund for the cooperatives’ sector will be officially opened in the first half of the Iranian calendar year (started March).

IRNA news Agency quoted Mohammad Abbasi as saying that according to the ministry’s program the fund was planned to be opened in May but it has been postponed.
On June 13, 2010 Reuters reported that Iran will guarantee foreign investments in the country.
Accordingly, Iran’s central bank will guarantee foreign investors a return of 10 percent on their capital, a newspaper reported on June 12.
Iran daily quoted Central Bank Governor Mahmoud Bahmani as saying the new policy was aimed at attracting investment during a time of economic crisis in many parts of the world.
“Iran will pay a guaranteed 10 percent interest on foreign investment ... the central bank and ministry of economy will guarantee the return of the principal and capital profit,” Bahmani was quoted as saying.
In a similar article on May 25, 2010 Tehran Times reported that Iranian expats plan to establish an investment fund.
The Iranian Securities and Exchange Organization issued an agreement in principle to set up the first Iranian expatriates investment fund.
The Mehr News Agency reported the idea of opening this fund came up for the first time last year in a specialized economic and commercial working group and the Organization for Investment, Economic and Technical Assistance of Iran was given a mandate by the president to provide the basic grounds for the plan