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Iran's Mines and Metals Economic Zone to be renamed Persian Gulf Economic Zone

Bandar Abbas, Hormuzgan Prov, Jan 26, IRNA -- Minister of Industries and Mines Es'haq Jahangiri said in Bandar Abbas on Tuesday that the Mines and Metals Special Economic Zone in this southern city will be renamed Persian Gulf Economic Zone in a bid to neutralize moves to rename these waters off Iran's southern coast.

Jahangiri made the remarks during a meeting with officials and directors of the zone.

Referring to the issue of the Persian Gulf nomenclature, he said the name has historical roots. He called on Iranian authorities to pursue the case.

The minister also urged international industrial, trade and economic companies to conduct their activities using the historical name 'Persian Gulf' to refer to the waters.

Jahangiri further expressed his ministry's readiness to support foreign direct investments (FDIs) in line with policies of the Islamic Republic.

... Payvand News - 1/26/05 ... --

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