Governor of the Central Bank of Iran
Ebrahim Sheibani said in Dubai on Tuesday that growing security has
provided necessary incentives for foreign investment, motivating the
Persian Gulf littoral states to transfer their capital to Iran, IRNA
reported.
Sheibani said at a ceremony, arranged in honor of Iran`s Minister
of Economy and Finance Tahmasb Mazaheri, that Iran is now in a stage
of economic leap.
He said Iran`s non-oil exports rose by 22 percent in the first
five months of the year compared to that in the corresponding period
the previous year.
He added that Iran`s economic growth keeps pace with that in
China and India, and is two to three times that of the Persian Gulf
littoral states.
He added that under present conditions, Iran enjoys strong
position in terms of foreign exchange reserves which serves as an
attractive variable for investment.