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Economic News in Previous Week

Iran Daily - Feb 27, 2001

Plans to Expand Indo-Iran Shipping

“Plans are underway to further activate Iran-India Shipping Lines mostly through foreign investments and finance by a British Bank”, said the managing director of Iran Iran-India Shipping Company, G. Golparvar, in an interview with the Persian daily Asia. He further noted that respective authorities should come up with ways to increase the capacity of the fleet from 25 million tons to 95 million tons per year.