Iran, Singapore seal investment deal

Iran, Singapore seal investment deal

Iran, Singapore seal investment deal

 

 
Speaking at a meeting with Singapore Minister for Trade and Industry S Iswaran, Iran Minister of Economic Affairs and Finance Ali Tayebnia deemed the signing of the Bilateral Investment Treaty (BIT) as a good ground for expansion of bilateral trade and investment.
 
Tayebnia appreciated the measures taken by Singapore’s government and private sector during the post sanction era for removing banking restrictions against Iran; “the geographical position of Iran, as the most powerful and stable country in the region, in addition to Singapore’s strategic location in Eastern Asia sets the ground for realization of unprecedented cooperation between the two sides.”
 
“Iran’s main policy in the world and region has been confronting extremism and terrorism, provision of security as well as creation of stability,” underlined the official expressing hope that the livelihoods and welfare of nations will be promoted in view of the existing security, stability and boosting of relations with other countries, especially Singapore.”

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