TEHRAN – The chairman of Iran Chamber of Commerce, Industry and Mine has said that U.S. companies are allowed to invest in Iran's economic projects and there is no limitations in this regard.
Mohammad Nahavandian added that Iran has plans to establish a joint trade committee with three North American countries in a bid to create an opportunity to exchange information between Iranian firms and companies in the three North American states, he said.
The Iranian official expressed his satisfaction over the recent position taken by the U.S. National Foreign Trade Council rebuffing economic sanctions against Iran, the Mehr News Agency reported.
He said that placing limitations on economic relations among countries, while the world economy is still struggling to alleviate the impact of the global meltdown, is extremely damaging and economic players cannot turn a blind on this matter.
The U.S. government has been imposing restrictions on trade with Iran, while the Iranians have had no problems in granting permission to American firms to work here, he said