Davoud Danesh-Jafari is an Iranian politician and economist who was minister of economy and finance affairs of

Iran Iran, officially the Islamic Republic of Iran, and also called Persia, is a country located in Western Asia. It is bordered by Iraq and Turkey to the west, by Azerbaijan and Armenia to the northwest, by the Caspian Sea and Turkmeni ...

. He is currently member of the

Expediency Discernment Council The Expediency Discernment Council of the System ( fa, مجمع تشخیص مصلحت نظام ''Majma'-e Taškhīs-e Maslahat-e Nezām'') is an administrative assembly appointed by the Supreme Leader and was created upon the revision to the Co ...

Biography

Born in 1954 in

Tehran Tehran (; fa, تهران ) is the largest city in Tehran Province and the capital of Iran. With a population of around 9 million in the city and around 16 million in the larger metropolitan area of Greater Tehran, Tehran is the most popul ...

, Danesh-Jafari graduated with a bachelor's degree in

civil engineering Civil engineering is a professional engineering discipline that deals with the design, construction, and maintenance of the physical and naturally built environment, including public works such as roads, bridges, canals, dams, airports, sewage ...

from Regional Engineering College, Srinagar (presently known as

National Institute of Technology, Srinagar National Institute of Technology Srinagar (NIT Srinagar or NITSRI) is a public technical university located in Srinagar, Jammu and Kashmir, India. It is one of the 31 National Institutes of Technology (NITs) and as such is directly under the con ...

), India. In 1992 he received a master's degree in economics from

Tehran University The University of Tehran (Tehran University or UT, fa, دانشگاه تهران) is the most prominent university located in Tehran, Iran. Based on its historical, socio-cultural, and political pedigree, as well as its research and teaching pro ...

and in 2001 he obtained a PhD from

Allameh Tabatabaii University Allameh Tabataba'i University (ATU; �ælɒːˈme tæbɒːtæbɒːˈʔiː fa, دانشگاه علامه طباطبائی, ''Danushgah-e 'lâmh-e Tâbatâbai'') is one of the largest and the leading specialized public university in humanities and ...

. 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 The Iranian Oil Bourse ( fa, بورس نفت ایران), International Oil Bourse, Iran Petroleum Exchange Kish Exchange or Oil Bourse in Kish (IOB; the official English language name is unclear) also known as Iran Crude Oil Exchange, is a commod ...

, a

commodity exchange The New York Mercantile Exchange (NYMEX) is a commodity futures exchange owned and operated by CME Group of Chicago. NYMEX is located at One North End Avenue in Brookfield Place in the Battery Park City section of Manhattan, New York City. T ...

for

oil An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) & lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturated ...

and oil byproducts, which would trade mostly in the Iranian currency and other major currencies In December 2006, he was reported as saying that he intended to reduce US dollar-based transactions as much as possible.Iran May Reduce Use of Dollar, Tehran Papers Say
6 December 2006,

Bloomberg Bloomberg may refer to: People * Daniel J. Bloomberg (1905–1984), audio engineer * Georgina Bloomberg (born 1983), professional equestrian * Michael Bloomberg (born 1942), American businessman and founder of Bloomberg L.P.; politician and m ...

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. Oil Minister

Gholam Hossein Nozari Gholam Hossein Nozari (born 1954) is a conservative Iranian politician who served as oil minister from 2007 to 2009. He was nominated secretary general of the OPEC in June 2012. Early life and education Nozari was born in Kazeroon, Iran, in 19 ...

later announced that Davoud Danesh-Jafari would become its head. The Oil Bourse opened on 17 February 2008 on

Kish Island Kish ( fa, کیش ) is a resort island in Bandar Lengeh County, Hormozgān Province, off the southern coast of Iran in the Persian Gulf. Owing to its free trade zone status, the island is touted as a consumer's paradise, with numerous malls, s ...

.1st phase of Iran oil stock inaugurated on Kish Island, IRNA Reports, 17 February 2008
He served as the minister of economy and finance affairs in the cabinet of president Mahmoud Ahmedinejad from 2005 to 2008.

References

1954 births Living people Finance ministers of Iran Members of the Expediency Discernment Council 20th-century Iranian economists Alliance of Builders of Islamic Iran politicians Society of Devotees of the Islamic Revolution politicians Recipients of the Order of Fath Members of the 5th Islamic Consultative Assembly Members of the 7th Islamic Consultative Assembly Jihad of Construction personnel of the Iran–Iraq War Popular Front of Islamic Revolution Forces politicians Presidential advisers of Iran University of Kashmir alumni University of Tehran alumni Allameh Tabataba'i University alumni Iranian campaign managers Politicians from Tehran 21st-century Iranian economists {{Iran-politician-stub