Iran, US Private Sector Ties to Stabilize Nuclear Deal

Iran, US Private Sector Ties to Stabilize Nuclear Deal
President Hassan Rouhani said investors from US private firms can be active in Iran’s economy adding joint ventures and exchange of technology between Iranian and US private sectors can stabilize the nuclear deal.

“Iran’s economic atmosphere is open for Americans and Europeans to come here and to have economic activities together. Americans, too, can come to Iran for investment and exchange of technology,” he told CBS’ 60 Minutes program.

“Of course, we are more interested in investment and introduction of technology than trade. Americans can also come to Iran for investment and technology exchange. One of the ways to reduce lack of trust is strengthening the economic ties specially between private sectors,” he added.

In the program aired on Sunday night prior to his departure to New York to attend the UN General Assembly, Rouhani explained that Iran’s economy is gradually privatized.

“If our private sector and US private sector can exchange in technology and investment, it can prepare the atmosphere and bring about more stability for the nuclear deal,” the president said.

In the wake of nuclear deal on July 24, Iran has hosted high-ranking officials and corporate executives of major companies from Germany, Spain, Austria, Italy, and France to discuss new cooperation ventures.

Iran’s Deputy Minister of Petroleum for International Affairs and Commerce Amir-Hossein Zamani-Nia has said US companies in contacts with Iranian counterparts have expressed their willingness to return to the Islamic Republic.

However, he said, according to the Vienna nuclear agreement they are banned from presence in Iran and only their representatives are entitled to be here under certain conditions.


Sep 22, 2015 10:31
Shana |

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The section of oil, gas and petro-chemistry is the up-most and first industrial vantage of the country and the pivot of the Economy of Iran. Regarding the importance of this section and the need for coordinating and organizing the most active people in the field of production and exporting oil ,gas, and petrochemical products ,some forethoughtful and job- makers in the private section of the country decided to come together to fight against the threats by using the opportunity of mass intelligence and potentials.