The Third Summit Meeting of the Gas Exporting Countries Forum (GCEF) on November 23 in Tehran and the subsequent Iran Petroleum Conference (IPC) on November 28-29 to be held on the verge of removal of anti-Iran sanctions will turn the Islamic Republic to a magnet of foreign investment, said an official in the Ministry of Petroleum.
“Coordinating GECF member states’ policies as well as the bilateral meetings between heads of states and governments on the sidelines of the summit have added to significance of the Tehran convention,” Amir-Hossein Zamani-Nia, deputy minister for international affairs and trade told Shana.

In the IPC event, he added, some 50 projects to attract 150 billion dollars in investment will be unveiled.

“The financiers will be assured that Iran is a politically secure and stable hub for investment,” Zamani-Nia added.

 Fars News Agency