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Photo/ Jeppe Schilder

Due to Absence of Direct Transactions Large Investments Can’t Be Implemented From Iran

Due to absence of direct investments between Iran and Georgia, large-scale investments can not be implemented from Iranian side”.

According to the chairman of the Georgian oil products importers and exporters Vano Mtvralashvili, in spite of removing sanctions to Iran, technical issues are still unsolved.

Problem is connected to international sanctions, some technical issues are still unsolved, that is why Iran is not able to implement direct investments. Government establishes quite good economic relationship with Iranian side, only one problem hinders direct investments between these countries.

As for him, Iranian businessmen mostly show interest in Tourism and Agriculture, also oil bitumen and construction material imports are quite actual. Mtvralashvili notes that imports of goods from Iran undergoes without any impediments, however Georgian export companies face bureaucratic barriers, entering Iran.