By Ramy Sameeh
Muscat-Mubasher: Iran has retrieved more than $50 billion from its frozen funds since the lifting of sanctions, said Iran’s ambassador to Oman Ali Sibeveih on Wednesday.
On the sidelines of a conference held in Muscat, Sibeveih added that other $50 billion will also be released for Tehran.
Last month, the U.S., European Union and United Nations lifted sanctions on Iran in return for complying with the nuclear accord.
“Iran has not borrowed one dollar from any state or foreign institution over the last years,” Sibeveih said.
He added that his country calls upon the whole world to invest in Iran that has more economic fundamentals such as oil, gas and metals.
Iran ranked seventh in the nanotechnology despite sanctions, the ambassador said. “We plan to invest our peaceful nuclear technologies for the sake of neighboring Arab and non-Arab states.”
He added that Iran also looks forward to boosting its investments with Oman, especially as doors became opened after the lifting of sanctions.
“During the sanction period, Iran developed its local sectors excluding the banking which was impacted most by the cut of relations with global peers,” Sibeveih concluded.
Translated by Abdul Maguid Aboshahla
