President Predicts Economic Boom, Welcomes Foreign Investments

Tehran, June 15, IRNA – President Hassan Rouhani on Saturday predicted an economic boom for the country and declared the countryˈs preparedness to facilitate foreign investment. The President made the remarks in a televised press conference attended by over 200 domestic and foreign reporters and photographers. Success of Iran-G5+1 nuclear talks can ease sanctions and facilitate investment in Iran, he noted. Government does not see any negative points in the resolution of Iran-G5+1 nuclear stand-off but decrease of unemployment and economic boom, the president added. Replying to a question regarding Iranian frozen assets abroad, Rouhani noted that all Iranian assets, supposed to be freed based on the Geneva interim nuclear deal have been already released. He asserted that removal of sanctions is not the final solution to the countryˈs economic problems but it can help accelerate progress. Even if the sanctions are not lifted, the countryˈs economic and diplomatic progress would continue, the president added. He underlined that Iran is committed to have constructive relations with the world and cooperation with the G5+1 in nuclear talks is just part of this doctrine. Referring to the travel of 10 high ranking officials from Iranˈs neighboring countries to Iran since the incumbent government came to power, he called Iranˈs ties with its neighbors as an example of good neighborliness. President pointed to Iran-Turkey decision to increase the current 15 billion dollar trade exchange to 30 billion dollars and noted that Tehran through its active diplomacy has already cracked the ‘wall of sanctions’. Anti-Iranian sanctions which have already been eased will not be back to their previous track and Tehran would continue to increase its oil output and exports, he added. The President underlined that foreign investors are welcomed and they know very well that Iran has incomparable potentials including high gas and oil reserves and a outstanding geopolitical transit position. Iran has the potential to absorb 200 billion dollars worth of investments, Rouhani added. Iranˈs image in the international community has improved to a large exent Tehranˈs relations with the world is different from those in the past, he said./end