Islamic Republic of Iran Navy
It is charged with the responsibility of forming Iran's first line of defense in the Gulf of Oman and beyond with the mission of acting as an effective blue-water navy. However, it is generally considered as a conventional green-water navy as it mostly operates at a regional level, in the Persian Gulf and Gulf of Oman but also as far afield as the Red Sea, the Mediterranean Sea and northwest quarter of the Indian Ocean. In July 2016, the Navy said that it would establish a presence in the Atlantic Ocean, of unspecified duration.
Foreign direct investment in Iran
Iran has made the development of non-oil exports a priority. The country has the advantage of a broad domestic industrial base, technology an educated and motivated workforce, cheap labor and energy resources and geographical location, which gives it access to an estimated population of some 300 million people in Caspian markets, Persian Gulf states and countries further east. Iran has the consumer potential of Turkey, the oil reserves of Saudi Arabia, the natural gas reserves of Russia, and the mineral reserves of Australia. Iran's area roughly equals that of the United Kingdom, France, Spain, and Germany combined. Iran has a diverse climate which makes it suitable for a wide range of agricultural products.