Hindu Business Line- India and Iran are finalising a memorandum of understanding on cooperation in the fields of vocational training, cooperatives, insurance and micro-employment.

This was firmed up at the meeting between Labour Minister Bandaru Dattatreya and Ali Rabiei, Iran�s Minister of Cooperatives and Social Welfare, on the sidelines of an ILO meet in Geneva last week, as per an official statement.

�I also discussed about V V Giri National Labour Institute and indicated a possible collaboration there. Iran welcomed the proposal,� Dattatreya said.