True World Intelligence News (TWIN)

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Envoy: India Willing to Invest in Iran’s Chabahar Development

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TEHRAN (FNA)- India is willing to make huge investments in economic and infrastructural projects of Iran’s Southeastern port city of Chabahar following the recent agreement between Tehran and six world powers, Iranian Ambassador to New Delhi Gholamreza Ansari announced on Sunday.”Iranian President Hassan Rouhani has proposed a multi-billion-dollar investment in Iran’s infrastructural projects, including development of Chabahar strategic port, which has been welcomed by the Indian side,” Ansari said.

In May, Iranian Road and Urban Development Minister Abbas Akhoundi announced that Tehran and New Delhi have signed a Memorandum of Understanding (MoU) to pave the ground for India’s 195-mln-dollar investment in Iran to develop Chabahar.

via Farsnews.

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Written by voiceoftruthusa

July 20, 2015 at 4:06 am

Posted in Eastern Powers, Middle East News

Tagged with ,

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