India will import crude oil from Iran using a 50% rupee-based payment and 50% export commodities mechanism.
Iran's neighbor countries condemn Chabahar terrorist attack where a suicide car blast killed at least 2 and injured a number of others.
The top naval commanders of the Iranian and Indian Navies, at a meeting in New Delhi, have called for strengthening of the level of bilateral relations and cooperation.
Iran’s top Naval Commander, Rear Admiral Hossein Khanzadi, heading a delegation arrived in New Delhi, India on Sunday to attend the 10th anniversary of the “Indian Ocean Naval Symposium” (IONS).
India plans to develop Iran's Chabahar port as a gateway to connect with Central Asia, Indian Deputy Foreign Minister, Vijay Gokhale said.
India's oil minister says in order to revive the trade mechanism in rupee, his country will soon sign an agreement with Iran in which New Delhi will use the rupee to trade with Tehran.
A senior Indian official has confirmed that India will keep buying Iranian oil for November supply.
Afghanistan's Deputy Minister of Transport and Civil Aviation, Imam Mohammad Virmoch has said: "We try to bring more investors to Chabahar and facilitate transportation of goods and commodities through the port."
Mr. T.S. Tirumurti, the deputy Minister of Foreign Affairs and secretary of Council of Economic Relations of India has said that Iran's Chabahar port is important not only for neighbouring countries, but also for all the regional countries.
India will continue purchasing crude from Iran despite US sanctions coming into force on November 4, Indian petroleum minister Dharmendra Pradhan said on Monday.