VOL. XLII

No 50

13-December-1999

IRAN

HSBC Iran Formally Opens Representative Office

Almost one year after the initiation of its project, HSBCformally opened its representative office in Tehran on 29 November, role ofwhich will be to will identify project and trade finance opportunities in Iran.Mr. John Richards, head of the HSBC Iran Representative Office, told MEESthat foreign interest in the country is likely to increase following theforthcoming parliamentary elections in February. Mr....