Iran sees surge in Russian investment ...News

Moscow has emerged as Tehran’s top foreign investor Russia has become the leading foreign investor in Iran, Economy Minister Ehsan Khandouzi revealed in an interview with the Financial Times published on Thursday. Russia invested $2.76 billion during the financial year that ended this week in the Islamic Republic, according to Khandouzi. The minister added that Russian investors are participating in significant projects in the industrial, mining, and transport sectors.  Russian funds accounted for around two-thirds of total overseas direct investment in Iran, which neared $4.2 billion in the Middle Eastern nation’

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