Iran has attracted $25 bn Foreign Finance

Iranian First VP Es’hagh Jahangiri emphasized that a good stability in Iran's economy has been made, saying 25 billion dollars foreign finance has been attracted so far.

IBENA – Iranian First VP Es’hagh Jahangiri emphasized that a good stability in Iran's economy has been made, saying 25 billion dollars foreign finance has been attracted so far.

Iranian First Vice-President Es’hagh Jahangiri at the 'Global Standard Day' ceremony said standard is the secret of globalization of economy, adding the secret of the survival of manufacturing and industrial enterprises in the global markets is reviewing the price and quality of products.

"With the help of standard we should move toward globalization and be present in international markets by producing high quality products. Our country exports about 50 billion dollars non-oil products, namely Iran is present in competitive markets and if the atmosphere be better, we can manage the country without being dependent on petrodollars in next years", Jahangiri said.

"Today there is a good stability in economic indexes and a good interaction is being done with the world economic atmospheres. In an era we deposited 22 billion USD in one of the friend countries to have $18 bn finance, while such an action is not usual in the economy world for getting finance, but today we receive finance by the signature of Economy Minister",First Vice-President expressed.

The official made the remarks that 25 billion dollars finance has been attracted by various countries so far. In oil and gas sectors significant corporates have cooperation with Iran and TOTAL contract has been finalized, it has invested 5 billion dollars.

He voiced Iran exported 44 billion dollars non-oil products previous year and its economic growth rate was between 9 to 12 percent which is the highest rate in the world.

Oct 18, 2017
IBENA |