Iran seeks Indian investments in fertilisers, petrochemicals, states deputy foreign minister

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Aiming to boost ties with India, Iran welcomed investment proposals from the country in urea and petrochemicals and is willing to provide fertilisers at reasonable rates, an Iranian minister said on January 8.

After meeting Union Minister Nitin Gadkari, Iranian foreign minister Mohammad Javad Zarif said India can look at investments in sectors like petrochemicals and fertilisers in the Chabahar area.

“We have offered discussions in that area (urea) and we welcome proposals from India…India has been a customer for Iranian urea fertilisers for a long time.

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