LOC22:22
19:22 GMT
TEHRAN, Jan 17 (KUNA) -- Iranian President Hassan Rouhani announced on Sunday his country's readiness to receive US investments and techniques after lifting international sanctions and settling differences pertaining to Tehran's nuclear program.
Speaking at a news conference after the nuclear agreement between Iran and the P5+1 came into effect, Rouhani said there are no economic relations with the US and Americans are urged to invest in Iran.
If Americans have laws preventing them from investing in Iran, they should amend these laws, he added, noting that Iran paved the way for investment projects carried by the private sector.
He said that businessmen, as of today, can receive bank transfers and get facilities as Iran's banks will cooperate with all banks across the globe.
There will not be restrictions on exporting oil, and companies tasked with air services can buy modern planes, he stressed.
Meanwhile, Rouhani warned the US of breaching the nuclear agreement, saying Iran will respond to any US violation of the deal.
Iran began selling a large amount of oil today and all petrochemical products will be exported, he said, indicating that Iranian funds frozen by foreign banks will become immediately available to the Iranian people.
Thousands of bank credits were opened today some hours after lifting sanctions, and Iranians have a new phase of relations with the region and the world, Rouhani said.
Iran's non-oil exports need to be developed and the country's conditions are suitable for attracting foreign investments, he made clear.
US President Barack Obama announced late Saturday the lifting of sanctions imposed on Iran, including about USD 50 billion and 100 Iranian companies. (end)
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