Domestic production needs foreign investment: commerce official

“Iranian authorities should have executive policies in order to attract foreign investments,” Iran commerce, mines and industries chamber former deputy Fereidoun Entezari told Irans mobile news agency (Mobna).
“Domestic producers without foreign investors presence can not compete with brands in market,” he added.
“Foreign investors presence to produce mobile set new generation does not mean that current domestic producers will vanish,” Entezari said.
“In past five months some expertise studies have been done for foreign investors so government can use these studies to attract investments,” he concluded.  
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