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Oil Investment Ensures Economic Stability: Expert

(Monday, June 19, 2017) 15:16

TEHRAN, June 19 (Shana) -- Head of Iran-China joint Chamber of Commerce Majid-Reza Hariri says arrival of new investment in Iran's oil industry can ensure economic stability of the country.


Hariri said investment opportunities amount to over $120 billion dollars in Iran's oil and gas sector which provides for unparalleled opportunities in the industry.

He said foreign investment leads to generation of jobs in countries which is why most of the countries of the world welcome foreign investments.

Hariri further said that cooperation with foreign companies will bring with it state-of-the-art technologies to the country and will lead to advancement of industries and economic growth.