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International records / Foreign Relations of the United States

280. Telegram 4078 From the Embassy in Iran to the Department of State

ces and management abilities and their technological progress, but also many things that they could not do and needed foreign assistance for. He said India would welcome that type of investment and noted that even India invested abroad in Australia, Nigeria, and Malaysia. How, he asked, could India therefore be against foreign investments? But, said Jha , we invest abroad not always under the conditions and in the companies in which we want to, but consistent with the regulations in the country in which we invest. That is what we will permit in India. Connally

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