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Sunday, 16 October 2016

Iran moves to woo foreign investors

Iran moves to woo foreign investors:

"The Iranian government has invited a prestigious group of international investors that includes the Heinz Family Office, Capital Group and Fidelity to visit the country following the relaxation of trade barriers between Iran and the west in January.

The 20-20 Investment Association, a group of influential investors overseeing $7tn of assets, received the invitation from Hassan Rouhani, the Iranian president, after the implementation of a landmark nuclear agreement between the country and six leading powers at the start of the year.

James Donald, head of emerging markets at Lazard Asset Management, the US fund company that oversees $174bn of assets, and a board member of the 20-20 association, said the invitation reflected the Iranian government’s desire to attract more foreign investors."



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