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Malaysia to Host Int’l Conference on Investment Opportunities in Iran

11 June 2016 19:55

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The Malaysian capital of Kuala Lumpur is slated to host an international conference in late July to discuss investment opportunities in Iran after the removal of anti-Tehran sanctions.

The International Conference on Investment Opportunities during Post-Sanction Era in Iran is planned to be held on July 27 and 28.

University of Tehran’s Faculty of Entrepreneurship, University of Technology Malaysia (UTM), the Malaysian Ministry of Finance as well as entrepreneurs and investors from ASEAN (Association of Southeast Asian Nations) countries will jointly organize the international event.

The conference is aimed at achieving several important objectives, including introduction of investment opportunities and economic projects in Iran to ASEAN member states.

The international event will come against the backdrop of a new wave of interest in ties with Iran after Tehran and the Group 5+1 (Russia, China, the US, Britain, France and Germany) on July 14, 2015 reached a conclusion over the text of a comprehensive 159-page deal on Tehran’s nuclear program and started implementing it on January 16.

The comprehensive nuclear deal, known as Joint Comprehensive Plan of Action (JCPOA), terminated all nuclear-related sanctions imposed on Iran.

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