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February 3, 2016 10:52 am

President Rouhani Invites US Investment in Iran’s Economy

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Iranian President Hassan Rouhani. The president said he has no problem with US firms investing in Iran's economy. Photo: Wikimedia Commons.

Iranian President Hassan Rouhani. Photo: Wikimedia Commons.

Iran has no problem with US companies investing in its economy and creating joint ventures, President Hassan Rouhani said on Tuesday, and he called for foreign investment and diversification away from oil.

The president said the lifting of sanctions last month under a nuclear deal with world powers would see foreign investment turn Iran into an exporter of manufactured goods and ease the economy’s reliance on oil exports.

Read full story at Reuters.

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