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Alishiri Announced: MOU of Cooperation and Protection of Investors Between Iran and Djibouti Signed
Behrouz Alishiri Deputy Minister of Economic Affairs and Finance released the news of signing two MOUs on cooperation and joint statement between the Islamic Republic of Iran and Republic of Djibouti for enhancing and deepening bilateral relations of Iran and Djibouti.
As reported by the Department of Public Relations, Organization for Investment, Economic and technical Assistance of Iran, the Agreement on Promotion and protection of Mutual Investment between the Islamic Republic of Iran and the Republic of Djibouti was signed by Seyed Shamseddin Hosseini, Minister of Economic Affairs and Finance and Ali Farah Assoueh, his Djiboutian counterpart.
The MOU on the establishment of a Joint Investment Committee between the Islamic Republic of Iran and the Republic of Djibouti was also signed by Behrouz Alishiri, Deputy Minister of Economic Affairs and Finance of Iran and  Simon Miborato, Deputy Minister of Economy and Plaaning of Djibouti.
As reported by our correspondence, the president of the Organization for Investment, Economic and technical Assistance of Iran said: Until now this Organization has succeeded in concluding Agreements on Promotion and protection of Foreign Investment with 50 countries.
He also notified: regarding the fact that the Organization for Investment, Economic and technical Assistance of Iran is in charge of all affairs related to negotiation, conclusion and legal follow up of the Agreements on Promotion and Protection of Mutual Investment, has completed steps for making 50 agreements effective and enforceable, among them are: Austria, Cyprus, Spain, Germany, Italy, Turkey, China, Sweden, Switzerland, Finland, South Korea, Qatar, Malaysia and Venezuela.
It is worth mentioning that Djibouti is a member of African Union and Arab Union and agricultural products make the bulk of its exports.
Dec 13, 2010 11:49
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