Iran seeks infrastructure investments worth USD eight million from India

Tehran, July 26 (ANI): As Iran prepares to heave a sigh of relief with the lifting of economic sanctions in the next three-five months, it has called for Indian investments worth USD eight billion in infrastructure projects.

According to media reports, Iran’s ambassador to India, Gholamreza Ansari, said in New Delhi that India should take advantage of the time before western nations queue up to make investments as sanctions are lifted in the wake of the recently struck nuclear deal.

While asserting Iran’s role as a ‘reliable partner,’ Ansari said that India had always maintained friendly ties with Iran even during the difficult time of sanctions.

The statement came after Iranian President Hassan Rouhani offered India a bigger role in its strategic infrastructure projects, including ports, railroads and highways, and sought investments, during his meeting with Prime Minister Narendra Modi on the sidelines of the Shanghai Cooperation Organisation Summit in UFA, Russia, earlier this month. (ANI)

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