IRNA - Iran requires attracting 50-billion-dollar foreign investment to achieve economic development and stability, Chairman of Tehran Chamber of Commerce, Industry, Mine and Agriculture said.


Long-term sanctions imposed on Iran have disconnected Iran from the world in the economic fields and we were not able to take advantage of markets, technologies and foreign investment, Masoud Khansari said.

After the implementation of Iran's nuclear deal also known as Joint Comprehensive Plan of Action (JCPOA), Iran regained market access, he added.

Khansari went on to say that over 200 political and trade delegations visited Iran during the past two years most of whom were eager to invest in Iran.

Iran's strategic position, its being neighbor with 7 countries, its population, its connection with regional market, it security and educated youths have pave the way for investment in Iran, he noted.