European delegation pledge €300m investment into Iranian stocks

Tehran Stock ExchangeA ten-strong delegation of directors from British, French, Swiss and Russian companies visited the Tehran Stock Exchange earlier this week where they pledged to invest €300m in Iranian stocks as soon as sanctions were lifted. During the course of the three-day visit, the delegation was due to meet with a number of companies including Persian Gulf Holding, Iran Khodro, Darou Pakhsh, Pars Minoo, Mellat Bank, and Chadormalou.
Iran is hoping that several obstacles to investment – including excessive red tape around order registrations and preparation of powers of attorney – can be removed within the next two months, according to the Managing Director of the Iran Stock Market Brokerage Company Reza Soltanzadeh.

Source: tehrantimes