Wednesday, March 14, 2007

Foreign Direct Investment in Iran.

An Iranian minister said that " newspapers frighten off foreign direct investors from Iran". It is not the first time that ministers make this type of silly comment. Sometimes ago, the official spokeman of the President, blamed newspapers for " growing inflation". As to this new claim, it should be said that foreign direct investors are not coming to Iran, because the economy of Iran is not governed by the law of the land. Frankly, there are too many law breakers in Iran at the various, including the top levels of governmet. There are too many "centres" for decision making. There is no free and fair election, be it for parliament or for Tehran Chamber of Commerce. In short, it has a " capitalist" exchange relations with a " pre-capitalist" political structure. This will not do. Unless this vital inconsisteny is resolved, I am afraid to say that foreign direct investors would not come to Iran.

2 Comments:

At 6:31 AM, Anonymous Anonymous said...

dr Seif you have posted the same article twice

 
At 9:12 AM, Blogger احمدسیف said...

thanks for reminding, I have deleted the extra copy.

 

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