Middle East Economic Survey

VOL. LIII

No 4

25-Jan-2010

IRAN

Foreign Investment In Iran Down By 96% In 2008-09

Foreign direct investment in Iran fell by 96% in the Iranian calendar year 1387 (21 March 2008 20 March 2009) compared with the previous year according to Mohsen Bahrami-Arz-Aqdas, Chairman of the Commerce Committee of the Tehran Chamber of Commerce. According to a Mehr News Agency report of 18 January, he gave this estimate to a joint meeting of government export and trades bureaus. He...