Desperate govt lures more foreign investors, Iran eyes business in Zim

The Islamic Republic of Iran will assist small to medium scale enterprises as they play a significant role in economic development, Iranian Ambassador to Zimbabwe Mohammad Amin Nejad at the Harare Chamber of SMEs in the capital yesterday.

"We understand we should work together with Zimbabwe since we are in the same trend of development. Iranians have a clear agenda of the Zimbabwean economy and assistance on rebuilding it since it is based on indigenous empowerment," Amin Nejad was quoted by the Herald as saying.

"The Iranian private sector is impressed with what their Zimbabwean counterparts are doing and that will strengthen capacity building and fruitful win-win cooperation between the two countries.

"We have traditional and historic relations with Zimbabwe and in line of this vision and policies of our two countries, we are implementing some initiatives targeting to improve our relations in the economic field. We are working with Minister Nyoni whose ministry is a very crucial sector in your country and that will put together Zimbabwean and Iranian economic players," he said.

Amin Nejad indicated that Minister Nyoni's recent visit to Iran was to meet various stakeholders in the Asian country after an invitation by her Iranian counterpart.

"There are discussions with the Government and those from the private sector.

"It was meant for Zimbabweans to see the achievements of Iranians during the time of the embargo which Zimbabwe is experiencing and we tried to rebuild our economy and lives.

"Iran is a desert country, there is no water and if we work together we will conquer. Zimbabwe has water and can sell its agricultural produce to Iran," said Amin Nejad.

Minister Nyoni revealed that agreements had been signed in various sectors between Zimbabwe and Iran which would facilitate implementation of Zim-Asset through private public partnerships.