Securities and Exchange Organization official:

Foreign investors in Iran more than double

Tehran, April 19, IRNA -- Deputy head of Securities and Exchange Organization in international affairs said on Wednseday that the number of foreign investors since implementing the Joint Comprehensive Plan of Action (JCPOA) has more than doubled.

“Given the existing plans, it is predicted that we will see a significant rise in the volume of foreign investments,' Bahador Bijani said on the sidelines of the 9th International Course on Islamic Capital Market.

As to interaction with other countries to use the Islamic financial instruments, he described Iran’s interaction with Malaysia and Indonesia as satisfactory.

Bijani also announced that an Iranian delegation in a visit to Malaysia will hold talks on government debts next week.

Saying that Iran is seeking to expand cooperation with Islamic countries, he added that the demanding the investors to use Halal financial instruments is a prerequisite.

Bijani also pointed to the plan of establishing a common capital market in Securities and Exchange Organization, and said, 'The organization has declared its readiness in this regard to the Iranian economic institutes.'

Deputy head of Securities and Exchange Organization said that some talks had been held with other countries, including Germany and South Korea.

He stressed that for attracting foreign investors, it is required to interact with international organizations to be able to assure them that Iran’s markets are secure.

The 9th International Course on Islamic Capital Market, with participation of 18 countries, including Germany, France, Switzerland, Malaysia and Indonesia, is being held in Azadi Hotel, Tehran.