Iran Press/ Asia: Iranian Foreign Minister Mohammad Javad Zarif described Iran-India relations as good, even after re-imposition of US sanctions, adding: "We have a good banking deal with the Indians that was signed last autumn and after the sanctions."
Zarif made the remarks upon his arrival in New Delhi’s airport for a three-day visit to India on Monday afternoon, Iran Press reported.
"This agreement provides the country with the possibility of exporting and importing in addition to meeting other financial needs [of Iran],” Iranian Foreign Minister added.
Zarif further said that the large economic delegation accompanying him indicates the interest of the Iranian private sector to grab the opportunity under the unjust sanctions.
Iranian Foreign Minister noted that there are many areas for expansion of bilateral relations between Iran and India, one of which is Chabahar port.
Related News:
Iranian MP: Chabahar is a major trade asset for Iran
Zarif added that Indians are interested in investing in Chabahar and in the transit infrastructure of Iran.
Iranian Foreign Minister went on to praise the presence of a large number of knowledge-based firms accompanying him, saying that those enterprises accompany him on almost every trip.
Zarif said that the main goal of his trip to India is to attend and deliver a speech at a conference which will be held on Wednesday evening.
Iranian Foreign Minister meant the annual international conference of the "Raisina Dialogue".
Dozens of senior CEOs and entrepreneurs, from both private and public sectors, have accompanied Mohammad Javad Zarif on the 3-day official visit.
Developing business cooperation, and deepening of economic- trade ties, is one of the main objectives of Zarif's visit to India.
On 28 may 2018 Iran’s top diplomat travelled to India as part of international consultations aimed at discussing continued mutual cooperation with countries follow US withdrawal from the multi-lateral nuclear accord, known as JCPOA.
Related News:
Iran FM meets Indian officials in New Delhi
On Dec 22, 2018, India’s ambassador to Tehran said his country will continue to import Iranian oil with the help of a new payment mechanism agreed between the two sides.
India, Iran’s second biggest oil customer after China, has been granted a sanctions waiver to import some 300,000 barrels per day of Iranian oil for 180 days, starting from Nov. 5.
India and Iran agreed to use a 50% rupee-based payment and 50% export commodities mechanism in their trade.
104 /211
Read More:
India to develop Iran's Chabahar port as a gateway to Central Asia
India continues importing Iranian oil
