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Health Min.: Iran hails Indian firms' investment

Hashemi made the remarks while addressing the joint meeting of Iran-India pharmaceutical companies in New Delhi.

Referring to efforts by foreign ministry and Indian banks to remove obstacles for establishing joint cooperation, Hashemi announced Iran’s support and facilities for Indian investors in Iran.

Iranian Health Ministry has provided facilities for permanent presence of Indian firms and investors in Iran, according to Iranian health minister.

'We will put limitations for importing those European and American products which are produced in Iran,' he added.

If a drug is produced inside Iran, it will be solved with suitable price, the minister noted.

Iran needs the world and the world needs Iran, Hashemi said, referring to sanctions against Iran.

Despite sanctions, the most exchanges of Iran is with Europe and the US, according to the official.

Hashemi urged India and China to take advantage of the situation to maintain cooperation, investment and transfer technology.

Iranian and Indian officials are determined to develop all-out ties, Hashemi said, adding, 'We have to promote cooperation in the health sector.'

The US withdrawal from Iran deal has imposed new situation on Iran and is regarded as a threat for pharmaceutical industry, said the health minister, urging Tehran to take advantage of these threats as opportunity.

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