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Expatriate Iranian investors to receive assistance

TEHRAN, Jan. 3 (Mehr News Agency) - To assist Iranian investors abroad, several consulting centers in major cities of the world will be established, ISNA reported on Wednesday.

According to Mohammad Nahavandian, the head of Tehran Chamber of Commerce, the centers may work with the financers in partnership and/or as a facilitator with the aim of furthering the nation's economic development.

Moreover, offering legal consultations to young entrepreneurs and businesspersons and the integration of IT system in the sector is another agenda for the upcoming years, ISNA quoted him as saying adding, the issue is fully supported by Industries Committee of Majlis.

He also commented that the private sector sees the Article 44 as a framework to reduce the government's involvement in economy and reinforce its role as the supervisory body which would lead to lesser reliance on oil revenues. Furthermore, the Oil Stabilization Fund (OSF) should mainly be used for investment purposes.

It is imperative that the Article 44 is not going to be applied selectively to one or limited sector(s) of economy, Nahavandian maintained.

... Payvand News - 1/4/07 ... --

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