Davoud Danesh-Jafari

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Davoud Danesh-Jafari was the Minister of Economy and Finance Affairs of Iran.

Since 2006, he has been involved in plans to create the Iranian Oil Bourse, a commodity exchange for oil and oil byproducts, which would trade mostly in the Iranian currency and other major currencies^[1] In December 2006, he was reported as saying that he intended to reduce US dollar based transactions as much as possible.^[2]

In January 2008, he announced that the Iranian Oil Bourse would be opened during the anniversary of the Islamic Revolution (February 1-11) a month later.^[3] Oil Minister Gholam Hossein Nozari later announced that Davoud Danesh-Jafari would become its head.^[4] The Oil Bourse opened on February 17, 2008 on Kish Island.^{[5] [6] [7] [8]}

Preceded by '

Minister of Economy and Finance Affairs of Iran 2005-April 2008

Succeeded by Samsami

[edit] References

1. ^ Ministry to offer IOB Articles of Association in two months, May 19, 2006, Mehr News Agency
2. ^ Iran May Reduce Use of Dollar, Tehran Papers Say, December 6, 2006, Bloomberg
3. ^ Iran Oil Bourse to deal blow to dollar
4. ^ "Iran to launch oil and gas exchange Feb. 27", RIA Novosti, 2008-02-13. Retrieved on 2008-02-19. 
5. ^ 1st phase of Iran oil stock inaugurated on Kish Island, IRNA Reports, Feb. 17, 2008
6. ^ Oil bourse opens in Iran's Kish Island Retrieved 17 February 2008
7. ^ Iran Oil Bourse may use Russian ruble , Press TV Reports, Feb. 15, 2008
8. ^ Kish Stock Exchange Director: There are no limitations on transactions by foreigners at the Oil Bourse. Kish Free Zone Organization (2008-02-18). Retrieved on 2008-02-19.