TEHRAN August 3 (Shana)--A full lifting of sanctions imposed on Iran will help the country raise its oil revenues, a member of Tehran Chamber of Commerce said.
�Ferial Mostofi said full sanctions relief on Iran will further persuade foreign investors to finance projects in Iran.


She expressed hope that Iran�s nuclear talks with six world powers will end in the full lifting of sanctions.

�Economic sanctions have caused problems for the country�s economy, including banking and investment restrictions,� said Mostofi.

�Under the present circumstances, private companies are facing problems for investment and economic recession has created obstacles for some manufacturing companies. Removal of the sanctions can change the present conditions,� she said.

Mostofi said Iran, rich in oil and gas, can be a proper country for foreign investment.

She said that European countries are willing to invest in Iran because they are already facing economic recession.

�The world depends on our natural resources including oil and gas...Unfortunately, foreign investors� trust for investment in Iran has declined sharply,� she said.

By SHANA

 

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