Davoud Danesh-Jafari

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Davoud Danesh-Jafari is the former minister of economy and finance affairs of Iran.

Biography

Born in 1954 in Tehran, Danesh-Jafari graduated with a bachelor's degree in civil engineering from Regional Engineering College, Srinagar (Affiliated to Kashmir University)[1] India. In 1992 he received a master's degree in economics, and in 2001 he obtained a PhD from Allameh Tabatabaii University, Iran. He was a member of the parliament in the 5th term and in the 7th term.

Since 2006 he was 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[2] In December 2006, he was reported as saying that he intended to reduce US dollar based transactions as much as possible.[3]

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.[4] Oil Minister Gholam Hossein Nozari later announced that Davoud Danesh-Jafari would become its head.[5] The Oil Bourse opened on 17 February 2008 on Kish Island.[6][7][8][9]

He served as the minister of economy and finance affairs in the cabinet of president Mahmoud Ahmedinejad from 2005 to 2008.[10]

References

  1. ↑ Ministry of Economic and Finance Affairs: Davoud Danesh Jafari
  2. ↑ Ministry to offer IOB Articles of Association in two months, 19 May 2006, Mehr News Agency
  3. ↑ Iran May Reduce Use of Dollar, Tehran Papers Say, 6 December 2006, Bloomberg
  4. ↑ Iran Oil Bourse to deal blow to dollar
  5. ↑ "Iran to launch oil and gas exchange 27 February". RIA Novosti. 13 February 2008. Retrieved 19 February 2008. 
  6. ↑ 1st phase of Iran oil stock inaugurated on Kish Island, IRNA Reports, 17 February 2008
  7. ↑ Oil bourse opens in Iran's Kish Island Retrieved 17 February 2008
  8. ↑ Iran Oil Bourse may use Russian ruble , Press TV Reports, 15 February 2008
  9. ↑ "Kish Stock Exchange Director: There are no limitations on transactions by foreigners at the Oil Bourse". Kish Free Zone Organization. 18 February 2008. Retrieved 19 February 2008. 
  10. ↑ Alfoneh, Ali (Spring 2011). "All Ahmadinejad's Men". The Middle East Quarterly. XVIII (2): 79–84. Retrieved 27 July 2013. 
Preceded by
Safdar Hosseini		 Minister of Economy and Finance Affairs of Iran
2005-April 2008 		Succeeded by
Hossein Samsami Mazra'e-Akhund
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