Iran-India talks on establishing preferential tariffs finalized: Indian ambassador to Iran

Tehran (IP) - India's Ambassador to Iran has announced the finalization of bilateral talks on establishing preferential tariffs and financing the ordering of machinery needed at the Chabahar port, which will be fully installed within the next one to two years.

Iran PressIran news: Gaddam Dharmendra spoke with the head of Tehran Chamber of Commerce about the need to maintain the level of relations between the two countries and added that due to the sanctions, buying oil from Iran faced problems, while two Indian refineries which are completely constructed and fit to Iran's oil type, now operate at a low-profit trend.

He said that the goods such as rubber and spinning yarn are among the exportable goods of India to Iran.

The Indian ambassador to Iran, pointed out that the Chabahar project was excluded from sanctions after the Indian Foreign Minister’s talk with the US official, adding that the issue of bank transfers hindered the development of the project, but now orders for equipment and machinery have been reached and we hope in one or two years, these machines will be installed in Chabahar.

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