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Rouhani invites US firms to invest in changing Iranian economy

He says foreign investment will turn country into an exporter of goods and ease reliance on oil exports

Published Wed, Feb 3, 2016 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Dubai

IRAN has no problem with US companies investing in its economy and creating joint ventures, President Hassan Rouhani said on Tuesday, and he called for foreign investment and diversification away from oil.

The president said the lifting of sanctions last month under a nuclear deal with world powers would see foreign investment turn Iran into an exporter of manufactured goods and ease the economy's reliance on oil exports.

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