Iran minister: $2M to be invested in startups
By Trend
The main topic of the quadrilateral meeting between Azerbaijan, Turkey, Russia and Iran, held in Baku, was the creation of a consortium for strengthening startups and increasing their income, Iranian Minister of Information and Communication Technology Mohammad Javad Azari Jahromi said in an exclusive interview with Trend.
"It was suggested that each of these four countries invest a certain amount of funds," he said. "It was decided to start with the investment worth $2 million at the first stage."
The Islamic Republic of Iran has always focused on a strong regional initiative, he said.
"The Middle East countries, the CIS countries, by strengthening their bilateral economic relations, can make the whole region stronger from the economic, social and technological points of view," he noted. "We see that the EU, the ASEAN countries and various countries are taking steps in this direction."
He added that this issue is a priority in ICT as well.
"In our opinion, our region, which has well-educated, well-developed, powerful and active human resources, has the potential for joint projects," he noted. "Thus, with simplification of rules, ICT markets should be open for us so that we can use our own markets and expand our capabilities."