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To: DoctorZIn
Foreign investments secure in Iran, says Karroubi

Tabriz, Aug 12, IRNA -- Majlis Speaker Hojjatoleslam Mehdi Karroubi here Tuesday assured foreign investors their investment in Iran would be safeguarded.

He made the remark at the opening ceremony of a two-day international seminar on foreign investment in this province's capital, Tabriz, located northwest of the capital.

Acknowledging the importance of security that will guarantee to investors the return of their capital and earnings, he called on concerned officials to exert their utmost to defend foreign investment in this country in order to encourage investors to participate in national development.

The speaker also voiced the readiness of the Iranian Parliament to help solve the country's economic problems, particularly in the matter of securing foreign investment. 1424/LS/210 End

http://www.irna.ir/en/tnews/030812143425.etn02.shtml

Comment: The will have problem in raising 17 bn USD!
14 posted on 08/12/2003 9:56:09 AM PDT by AdmSmith
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To: AdmSmith
They need the $ or they will collapse.

Fortunately, investors have to be aware that his promises to safeguard their investments is dependent on their being in power.

I wouldn't want to invest there right now.

Watch their economy, I believe it will be an important element in the collapse of the regime.
15 posted on 08/12/2003 11:06:01 AM PDT by DoctorZIn
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