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Iran seeks $45B in foreign investment

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Iran's economy minister said his country is seeking $45 billion in foreign investment following the implementation of a landmark nuclear deal with world powers last month.

 

Ali Tayebnia told reporters Saturday that Iran expects $15 billion in direct foreign investment alone in the next Iranian calendar year, which begins March 20. The historic agreement brought about the lifting of international sanctions last month after the UN certified that Iran has met all its commitments to curb its nuclear activities under last summer's accord.

 

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