$ 80 billion in foreign investment capacity in the mining sector

$ 80 billion in foreign investment capacity in the mining sector
  • 2021-04-21
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Chairman of the Iran Chamber of Mines and Mining Industries Commission: While $ 50 billion has been invested in this sector since the beginning of mining activities in our country, the interest of foreigners, especially the Chinese, to invest $ 80 billion in this sector will be transformative.

According to the International Iranian Stone Exhibition, "Bahram Shakoori" said about the comprehensive document of cooperation between Iran and China: China, as the second largest economy in the world, has many capabilities in various fields and in addition to a large consumer market, a large production market Also has.

"Relations with China have more economic benefits for us Iranians than they do for the Chinese. In China, as everywhere in the world, there are many good, bad, good and bad businessmen, producers and people, but the important thing is that How can we find the right people for our industry, production and economy and keep our interests at the negotiating table?

Shakoori expressed hope that the space created following the signing of a comprehensive document of cooperation between the two countries will be used in such a way that in future negotiations with other countries, sanctions will be lifted and we will have better interactions with the world and define good cooperation with the Chinese. .

The head of the Industries and Mines Commission of the Iranian Chamber of Commerce reminded: "One of the important and basic points in contracts and bilateral cooperation is the use of vacant capacities and foreign investments."

He continued: "Any country that can use the global potential in this field and attract foreign investment, can benefit from it in the direction of its economic development."

"Since the beginning of mining activities in our country, the total investment in the field of mining and domestic mining industry has been less than $ 50 billion, but today the Chinese are interested in investing $ 450 billion in various economic sectors of our country, of which only $ 80 billion in mining," he said. And will be the mining industry.

He emphasized: The comparison of the mentioned figures shows that such investment can lead to the organization of production, currency exchange and job creation in different parts of our country, especially the mining and mineral industries.

The head of the Mining and Mineral Industries Commission of the Iranian Chamber of Commerce, meanwhile, said: "This is now just an agreement, meaning that the parties are interested in making such an investment in the country, but it is important that it becomes a contract."

He continued: "Certainly, the Chinese, like us, are pursuing their own interests, and it is necessary to design a contract using negotiation techniques so that it is a win-win situation and the interests of both parties are preserved."

"Today, China is in a situation where our country has major problems with other countries due to US sanctions and no one is interested in investing in Iran," Shakouri said.

He stressed: "We must move this agreement in the direction in which we improve our relations with the world, change the international atmosphere towards ourselves, in which case we will not just have to sign a contract with the Chinese."

According to this report, the Iran-China Cooperation Document was signed on April 27 by our Foreign Minister, Mohammad Javad Zarif, and Wang Ei, a member of the State Council and Minister of Foreign Affairs of China in Tehran. This document is a strategy to use the capacities of the two countries with the aim of outlining the prospect of long-term mutual cooperation in various economic and cultural fields.