New Delhi, Dec 18, IRNA – India proposed on Wednesday to make investments and especially establish Reverse Special Economic Zones (SEEZs) in Iran.
He said that Reverse Special Economic Zones in such regions can produce goods capable of competing in world markets.
India establishes such zones in countries that have lots of raw materials and returns their products to the Indian markets again.
India’s state firms RFC and GNFCL had earlier proposed to establish urea-ammoniac factories in Iran.
Minister Ananth Kumar said that a joint working group, comprised of Iranian and Indian experts will survey the fields for joint work.
Ambassador Ansari in the meeting invited the Indian minister to visit Iran.
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