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    Foreign Investors Interested in Joining Iranian Stock Exchange: Reports

    Alexei Filippov
    Business
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    Iran has received requests from investment funds in Russia, Britain, France, Germany, Greece, Norway, Australia and Arab countries for entry into the Islamic republic's secondary markets.

    MOSCOW, November 26 (Sputnik) – European and Arab investors have expressed an interest in joining the Iranian stock market, Iran's official oil and gas news service reported Wednesday.

    "We have received serious requests from investment funds in Russia, Britain, France, Germany, Greece, Norway, Australia and Arab countries for entry into secondary markets," Iran Industries Investment Co.'s chief executive officer Reza Soltanzadeh was quoted as saying by SHANA.

    According to the news service, the aforementioned countries have applied for investments into Iran's stock exchange for more than 500 million euros ($624 million), with Russia expressing the most "readiness to inject" 200 million euros ($250 million).

    On Tuesday the European Union extended the suspension of certain sanctions against Iran over its nuclear program until June 30, 2015. The decision was made after the latest round of talks between Tehran and P5+1 (Russia, the United States, the United Kingdom, China, France and Germany) failed to reach a comprehensive deal on Monday and the sides agreed to continue dialogue until next July.

    In light of Western countries' concerns that Iran was trying to build nuclear weapons under the guise of civilian activities, Tehran has been the target of sanctions imposed by the UN Security Council, as well as the United States, the European Union and several other countries.

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