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Iran seeks $100B foreign investments

TEHRAN, Iran — Iran's president said Saturday his country needs some $100 billion in foreign investment to achieve an annual target of 8-percent economic growth up from the current rate of 4 percent.

The remarks by Masoud Pezeshkian, who was elected in July, came in his first live televised interview by state TV.

Iran President Masoud Pezeshkian answers questions during a television interview on Aug. 31, 2024. AP PHOTO