Ali Fekri, Deputy Minister of Economy, during a conversation with ILNA on economic cooperation between Iran and Saudi Arabia after recent agreements and the level of acceptance of Saudi investors to enter the Iranian market and change the trade trend of the two countries, said: Such changes for countries that have been together for a long time They have severed relations with each other. This is happening gradually, but currently the most important area of interaction that has developed between Iran and Saudi Arabia is in the area of Islam. Development Bank.
Regarding the development of cooperation between Iran and Saudi Arabia within the Islamic Development Bank, he said: Saudi Arabia is the largest shareholder of the Islamic Development Bank and Iran is the third shareholder of the Islamic Development Bank.
Fortunately, with the change in the political conditions of the two countries, there has been a positive development in Iran's relations with this bank, and this action is important because this bank is considered the basis of project cooperation and investment between Iran and Saudi Arabia and all countries. Islamic countries.
The Director General of the Iranian Investment and Economic and Technical Assistance Organization continued: Saudi Arabia is a member of the board of directors of this bank, and Iran and joint projects are determined and assigned to the board of directors of this bank, and this meeting is currently held in Jeddah.
Regarding the issue of Iran's request to sell its shares in the Islamic Development Bank, Fakhri stressed: "This is not true at all, and besides, the resolution of the parliament in the last 6 months was to participate in the sixth round of capital increase. in the Islamic Development Bank and Currently, 9% of the shares of the Islamic Development Bank are held by the Islamic Republic of Iran.