TEHRAN – Head of Iran’s Trade Promotion Organization (TPO), Alireza Peyman-Pak, said his organization is pursuing a plan to establish an export investment fund in collaboration with the National Development Fund. (NDF) and the country’s banking system to support knowledge-based exporters. .

“The National Development Fund has announced its approval and the banks are also fully prepared in this regard; On the other hand, given the position of knowledge-based and technological products, international companies also welcome participation in this sector,” Peyman-Pak said on Tuesday.

The export investment fund creates the capacity for knowledge-based businesses to enter the international arena, he said, adding, “By introducing knowledge-based businesses that have commercial potential , the Export Investment Fund creates an opportunity to attract foreign investment and support this sector.”

According to the official, the idea of ​​creating the mentioned fund was proposed by the Vice Presidency for Science and Technology and the TPO is currently negotiating with the entities concerned to make this idea a reality.

Noting that the Export Investment Fund will be responsible for supporting knowledge exporters, the Deputy Minister noted, “To have an effective fund, the mechanism and the format must be designed correctly from the start so that we don’t don’t have any problems starting up. providing services.”