Iran woos foreign investors amid US economic pressures

14:27 | 17/07/2018 Global Economy

Iranian Foreign Minister Mohammad Javad Zarif said on Monday that Iran is "the most reliable and safest market" for foreign investments, official IRNA news agency reported.

Iranian Foreign Minister Mohammad Javad Zarif - Photo: Reuters.

Referring to the US financial and economic pressures against Iran, Zarif said that the Islamic republic has experienced many difficulties since the victory of Islamic revolution in 1979, and the Iranian people have been the ardent supporters of the country in the face of pressures.

Imposing pressures may cause negative impact in the market, but private sector has always managed to tackle the problems, he made the remarks at a meeting with foreign representatives in Iran.

Zarif encouraged foreign investors to actively enter Iran's market.

The US State Department announced last month that the United States had been pushing its allies to stop oil imports from Iran by Nov. 4.

Some of the international companies which also signed major deals with Iran in energy, transportation and auto industries following the 2015 nuclear deal have announced to leave Iran due to the US punishment.

Theo Xinhua