Iran offers state assets to foreigners in investment drive

Iran offered to sell state assets to foreigners, said it would cut the government’s role in the economy and pledged a tight monetary policy as it sought to attract billions of dollars of investment from abroad after over a decade of isolation.  The package was strikingly pro-market – many of the policies would not have been out of place in a centre-right European government. If implemented, they could move Iran’s economy well beyond the tight restrictions and heavy state involvement that followed its 1979 Islamic Revolution.  With a young, well-educated population of just under 80 million and some of the world’s largest energy reserves, Iran looks likely to provide huge investment opportunities.”

 

http://uk.reuters.com/article/2015/07/24/uk-iran-nuclear-economy-idUKKCN0PY13920150724

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