TEHRAN (FNA)- Head of the Central Insurance of Iran Mohammad Ebrahim Amin announced that two foreign firms have received the necessary license of operation in the country.
“We have issued license for two creditable European firms for establishing liaison offices in Iran,” Amin said, addressing a ceremony in Tehran on Saturday.

He noted that after the Geneva agreement between Iran and the Group 5+1 (the US, Russia, France, China and Britain plus Germany) an increasing number of foreign insurance companies have filed request for operating in the Iranian market.

Iranian officials say that the implementation of the US-engineered EU sanctions against Tehran has left no negative impact on the country's insurance industry since Iran can easily bypass embargos.

There are 25 insurance companies in Iran today and all except one are privately owned.

Meantime, Iranian President Hassan Rouhani has repeatedly underlined his administration’s readiness for constructive interaction with foreign companies and facilitating their presence in the Iranian market.

“The government is ready to cooperate with all those countries and companies that are interested to participate in economic activities of Iran with its abundant rich resources and young, educated people,” President Rouhani said, addressing foreign ambassadors and heads of diplomatic missions in Tehran earlier this year.

The president underlined that Iran has vast economic potential and capacity, and said, “The Islamic Republic of Iran can become one of the superior countries in economy.”

“We are prepared to witness better conditions in the world through constructive interaction with other countries,” President Rouhani said.

Following the implementation of Geneva nuclear accord struck by Iran and the six world powers on November 24, the ground has been paved for more participation of the European countries in the Iranian lucrative market. Several European states have so far sent their trade delegations to Iran to study chances for widening trade ties and exchanges with Tehran, while more EU member states are preparing to send similar delegations to the Islamic Republic.

The largest of such delegations comprised of 141 French businessmen and traders who stayed in Tehran for several days in February.

By Fars News Agency

 

The Iran Project is not responsible for the content of quoted articles.