Iran ratifies attraction of over $12b of foreign investments in post-sanction era

April 1, 2017 - 21:31

TEHRAN- According to the latest report of Iranian Finance Ministry, the country approved attraction of $12.48 billion of foreign investments as of the implementation of its nuclear deal with the world powers in January 2016, Mehr news agency reported on Saturday.

According to the report, with $3.96 billion of investments, Germany ranks first among the foreign investors.

The value of attracted foreign investment in Iran stood at $3.1 billion in 2013, $2.1 billion in 2014, and $2.05 billion in 2015, the report added.

HJ/MA

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