VOL. XLV

No 39

30-September-2002

IRAN

Irans Foreign InvestmentLaw Ready For Implementation Soon

Irans new foreign investment law isexpected to come into effect soon, according to Iranian Minister of EconomicAffairs and Finance Tahmasb Mazaheri,following the approval on 15 September by the Iranian cabinet of the new billsexecutive bylaws. Mr Mazaherisaid that the Foreign Investment Promotion and Protection Act (FIPPA), as thenew law will be known, provides the necessary guarantees to attract...