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Mehdi Ghazanfari, Head of the executive board of the NDFI at the tripartite meeting of the National Development Fund, Ministry of Foreign Affairs and ECO Secretariat

  • 10 April 2022
  • 12:12
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Mehdi Ghazanfari, Head of the executive board of the NDFI at the tripartite meeting of the National Development Fund, Ministry of Foreign Affairs and ECO Secretariat

Establishment of a joint investment fund of National Development Sovereign Wealth(NDSW) funds of ECO member states leads to investment and financing of regional projects.

According to a report released by NDF Public Relations Department, Chairman of the executive Board of Directors of the National Development Fund said that the consolidation of the assets of the NDSW funds of ECO member states in the form of ECO Joint Investment Fund is a good way to increase the investment of ECO member countries's wealth funds in regional projects. Effective transition and appropriate diplomacy can witness an effective movement in the region.
According to the public relations of the National Development Fund, this morning a tripartite meeting of the National Development Fund, the Ministry of Foreign Affairs and the ECO secretariat  held at the NDFI with the subject of "establishment of the Joint Investment Fund of NDSW Funds of Eco states" attended by Mehdi Ghazanfari, Head  of the executive board of the National Development Fund, Hossein Eivazloo executive board member & Foreign Investment deputy of NDFI, Seyed Mohsen Spiry, Deputy Secretary General of ECO, Zahed Abbasi,  Director of  Trade & investment department of the ECO Secretariat, Abolghasem Tahmasebi from Ministry of Foreign Affairs, Hadi Soleimanpour, advisor to the Deputy of  NDFI Foreign Investment affairs and other experts of the Ministry of Foreign Affairs , ECO Secretariate and National Development Fund of Iran.
Head of the executive board of the NDFI referred to the positive results of the 2020 meeting chaired by Iran and said: financing regional projects, helping to maintain and develop an open investment environment, creating a regional value chain, creating an inclusive association to strengthen technical cooperation. Sharing knowledge and information and identifying areas of interest to the National Development Sovereign Wealth funds in the form of a joint investment  plan has been one of the positive results of the meeting  approvals.

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