Iran encourages investors

Viollah Aframirad, the head of the Iranian Organization for Export Development, said today that new investments in the economy would boost non-petroleum industry and exports, Iran.ru reports.

He noted at the inter-governmental commission of Iran and Venezuela that the government of Iran has passed programs to promote foreign investments, Free and special economic zones, tax relief and a simplified visa regime are efficient means of achieving the goal.

Foreign manufacturers planning to export 30% of products produced in Iran will have 50% tax relief.