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Bahador Bijani, the vice chairman of international and foreign investment affairs of SEO emphasized in the international financing conference on the priority of the Capital Market about being internationalized.

Tehran, February 20 (SENA) – As SENA reports, Bijani cited: Securities & Exchange Organization as a main member of international institutions such as International Organization of Securities Commissions (IOSCO) and Islamic Financial Services Board (IFSB) has globally appointed an effective interaction. This organization has been also active in the legislator institutions of COMCEC and is the head of financial knowledge committee, vice chairman of market development committee and the member of two other committees.

He declared: The most vital international achievement of Iran’s Capital Market is undoubtedly being a member of IOSCO which was resulted after 13 years of cooperation of the workers in this organization on November 2018 and Iran’s Capital Market went aligned with 95 percent of Supervision and Legislator Institutions of the world. In other words, currently, the regulations of Iran’s Capital Market are accepted by international authorities and this market guarantees the principles of supporting the investor, transparent and effective market.

Bijani uttered: About the position of Iran’s Capital Market in the international field, the data of the previous year can be mentioned. The number of stockowners went from 10 to more than 50 million, the current value of the market increased from 150 to more than 300 billion Dollars and the daily transaction volume reached from 300 million to more than 1 billion Dollars. Also, the index of Tehran Stock Exchange (TSE) had a 175 percent growth and was rated the highest in the World Federation of Exchanges (WFE).

He added: All these numbers exhibit the commitment of SEO about keeping its position as one of the developing markets in the world and is an assurance on meeting expectations and solving the needs of its foreign associates.

The vice chairman of international and foreign investment affairs of SEO stated about the challenges of being internationalized for Iran’s Capital Market that each country has definitely difficulties in this field but the point is to manage these complications correctly. For achieving this goal, we should be patient, have a long-term perspective, find trustable internal associates and reach a result with the foreign partners. According to the fact that Iran’s Capital Market strongly tends to be internationalized, we welcome the foreign investors and are ready to support and consult to reach success.

Bijani noted that we are doing our best to internationalize the market and gladly see you as a part of this procedure.

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