July 26, 2015 1:23 PM

printer

Iran invites Indian investments worth USD 8 billion in infrastructure projects

Iran has invited Indian investments worth 8 billion US dollars in infrastructure projects. Iranian Ambassador Gholamreza Ansari said in New Delhi that India should take advantage of the time before the western countries start making their investments after lifting of sanctions in the next 3-5 months. Asserting that Iran has been a reliable partner, he said that India has always been engaged in friendly ties with Iran even during the difficult time of sanctions.During his meeting with Prime Minister Narendra Modi in UFA, Russia, earlier this month on the sidelines of the Shanghai Cooperation Organisation Summit, Iranian President Hassan Rouhani had offered India a bigger role in its strategic infrastructure projects including ports, railroads and highways and sought investments.

Most Read
View All arrow-right

No posts found.