VOL. XLII

No 48

29-November-1999

IRAN

Iran痴 Commerce/Industry Official Says Attracting ForeignInvestment Is Vital

The President of the Iran Chamber of Commerce, Industriesand Mines, Mr. Ali-Naqi Khamoushi, has said that it is vital for Iran toattract foreign investment in order to stimulate the ailing economy. Speakingto Reuters on 23 November, Mr. Khamoushi explained that "in thepast we did not care for foreign investment or working with foreigners, but nowwe have decided to do it." He also...