• time : 21:31
  • Date : Wed Dec 04, 2024
  • news code : 271211
Iran Stock Exchange Ready to Cooperate with Belarusian Investors
The head of Iran's Securities and Exchange Organization has announced that the Iranian Stock Exchange is prepared to welcome Belarusian investors and facilitate the simultaneous listing of shares from both Iranian and Belarusian companies on their respective stock exchanges.

At the signing ceremony in Tehran for a memorandum of understanding between the Iranian Stock Exchange Organization and the Belarusian Stock and Currency Exchange, Hojjatollah Seydi emphasized that every shareholder, whether Iranian or foreign, is assigned a unique shareholder code for stock transactions. Non-Iranian individuals can obtain this code by completing the necessary procedures and presenting their passports.

 

Seydi highlighted that Belarusian companies are welcome to participate in the Iranian Stock Exchange and proposed establishing a project fund for joint ventures, allowing profits to be distributed to shareholders upon project completion.

 

Following the ceremony, Pavel Lemekh, Deputy Minister of Finance of the Republic of Belarus, expressed interest in collaborating with the Iranian capital market. He stated, "To expand cooperation between our two countries, we recommend that investors engage directly with both the Belarusian and Iranian stock exchanges, as this will significantly enhance trade relations."

 

Dmitry Koltsov, Belarus's Ambassador Extraordinary and Plenipotentiary to Iran, announced his country's readiness to sign the memorandum and hold meetings in both nations. He remarked, "This memorandum aligns with Belarus's economic development program, as our primary goal is to enhance our economy and attract all forms of investment."

 

Koltsov described relations between Iran and Belarus as friendly and added, "Cooperation between the stock exchanges of our two countries will foster further collaboration."

 

At the conclusion of this meeting, a memorandum of understanding was signed between Iran's Securities and Exchange Organization and the Ministry of Finance of Belarus. This agreement aims to support investors, enhance capital markets, exchange experiences, and work together to improve performance efficiency.

 

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