The volume of foreign investment in Iran has seen many ups and downs over the past few decades.
A new report by the Economic Studies Department of Tehran Chamber of Commerce shows the highest volume during the 20 years leading to the fiscal 2020-21 was registered in the fiscal 2012-13 with $4.5 billion. It started a downtrend from that year to reach its lowest level of $945 million during the period under review in the fiscal 2015-16.
Following the signing of the Joint Comprehensive Plan of Action in the fiscal 2015-16, foreign investment grew in the fiscal 2016-17, but after that, due to the US policies and talk of the country's withdrawal from JCPOA, the volume again began to decline and after the complete withdrawal of the US from the accord in the fiscal 2018-19, it decreased sharply in the fiscal 2019-20 to $1 billion.
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