VOL. XLIV

No 50

10-December-2001

IRAN

Irans CouncilOf Guardians Again Rejects Foreign Investment Law

Irans Council of Guardians hasrejected for the second time the draft Law on the Attraction and Protection ofForeign Investment (LAPFI). A statement issued on 4 December by the council,which approves legislation passed by the Iranian parliament, said that somearticles in the draft law were still unconstitutional and contradicted Islamiclaw. LAPFI was first passed by the Majlis on 16 May 2001, but...