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  • 14-06-22

    FDI influx to Iran increases more than 6 percent last year

    (MENAFN) The United Nations Conference on Trade and Development (UNCTAD), in its most recent investment report titled “International Tax Reforms and Sustainable Investment”, has declared that external direct investment inflow to Iran rose by 6.4 percent last year in contrast with the year before.

    The report, issued on June 9, put the Islamic Republic’s FDI inflow at USD1.429 billion last year, whereas the number was at USD1.342 billion in the year before.

    In line with the report, Iran had $82 million in foreign direct investment in other nations in 2021 as well, increasing from USD78 million in 2020.

    UNCTAD has also put the international foreign direct investment last year at USD1.582 trillion, signifying an expansion of 64 percent in contrast with the previous year. The figure stood at USD962 billion in 2020.

    the report stated that “Global flows of foreign direct investment recovered to pre-pandemic levels last year, reaching USD1.6 trillion. Cross-border deals and international project finance were particularly strong, encouraged by loose financing conditions and infrastructure stimulus. However, the recovery of greenfield investment in the industry remains fragile, especially in developing countries.”

    MENAFN14062022000045014228ID1104370630

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