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There is no doubt, Iran has a lot of potential. It is a country that boasts a domestic market of 70 million people, 11% of the world’s proven oil reserves, 15% of the world’s proven gas reserves, 11 petrochemical complexes, 3 major steel plants and much more.

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Education

Highest education rate in region

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Cheap and abundant raw materials, energy and transportation

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High rate of Internet penetration and access to online shopping (74%)

Tax Free Zones

Iran has dozens of Tax Free & Special Economy zones

Iraq in talks to export Kirkuk oil to Iranian refineryTEHRAN, Young Journalists Club (YJC) - Reports quoted Alaa al-Mussawi, the director of Iraq’s state-oil marketer State Organization for Marketing of Oil (SOMO), as saying in a statement that the Kermanshah refinery would be supplied with 15,000 barrels per day (bpd) of oil from Kirkuk fields.

Al-Mussawi added that the volume could increase to as high as 25,000 bpd in the near future.

The official emphasized that the oil would be transferred into the Iranian territory by road tankers.

Until recently, oil from the fields around Kirkuk – which is an oil-rich province in northern Iraq – was shipped to the Turkish port of Ceyhan via a pipeline owned and operated by the Kurdistan Regional Government (KRG).

However, following the attack and takeover of the province by Iraqi forces last month, the Iraqi Oil Ministry started talks with Iranian officials about the province’s oil exports through Iran, reported Kurdistan24.net news website.

On Monday, the KRG Prime Minister Nechirvan Barzani in a televised press conference asserted the crisis in Kirkuk had adversely affected the Kurdistan Region’s oil export revenue, reducing it to less than half of what it was generating prior to last month’s attack, Kurdistan24.net added.

Iran and Iraq signed a basic agreement in February that envisaged exporting Iraqi oil through the Iranian territory – a scheme that would remove Baghdad’s reliance on the KRG to export its oil through a pipeline to Turkey’s Ceyhan.

This came against the backdrop of a long-standing dispute between Baghdad and the Kurdish region over the pipeline to Turkey.

The flow of the pipeline was interrupted for several months last year as the Iraqi government disagreed with the Kurds on their share of the national oil revenue and budget.

Later in July, Iran said that it had reached an agreement with Iraq to construct a pipeline that would export crude oil from Kirkuk fields.

The announcement was made by Iran’s Petroleum Minister Bijan Zanganeh after a meeting with his visiting Iraqi counterpart Jabbar al-Luaibi.

Zanganeh also added that agreements had been reached with Iraq about an international company that will carry out a feasibility study of the project.

Source: Presstv 

About Us

There are currently very few countries in the world with Irans conditions and opportunities for investment. After decades of sanctions and separation from international markets, Iran is now ready to take advantage of these opportunities.

These days the top story of some of the worlds most important news media states, Now that a general agreement has been reached on the nuclear issue between Iran and the P5+1, international investors are lining up behind Irans closed doors, ready to enter this countrys market. Once Irans doors open to international financial activities millions, or maybe billions of dollars will flow into the country Economic players in Iran are waiting with open arms for international investors.How to invest in iran Blog is proud to present you with information about Iran and its investment opportunities, standing by your side as a consultant, and a strategic partner, creating the groundwork for a satisfactory experience in Iran.

Welcome to Iran, an investment paradise for years

Global Investment was founded with a single vision, to help small to large enterprises with their strategic entry into the Iranian market by providing unmatched services for companies across all major industries. We can help you enter the hotspots of the market and will support and guide you toward a success story that remains rock-solid for the years to come.

We deliver exceptional insight and advice based on the highest standards of consulting practice using our 10 years of experience in the field. Our perfect blend of proprietary market entry solutions, strong local connections and expertise will assist you with maximizing your business potential in Iran. You can take advantage of our “real touch of the market” and break down entry barriers into the market. We make sure that you avoid making the wrong deals and provide you with Do’s and Don’ts of doing business in our country.

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