Aramagedon
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Iran keen on boosting India trade ties
The media in New Delhi say Iran has made it clear to India that it wants to cooperate with them in seven key sectors including mining, petrochemicals and food.
The Economic Times of India reported that, Iran has accorded India priority status for trade and investment in acknowledgement of the country's support during tough times when the United States and European Union had imposed economic and military sanctions on it.
In 2014-15, India's exports to Iran stood at $4.17 billion while the imports amounted to $8.95 billion, an increase from $1.44 billion and $7.61 billion, respectively, during 2006-07.
The Economic Times further emphasized that New Delhi’s plan to make investments in several of Iran’s key projects including one for the development of Chabahar port are further indications of satisfactory trade ties between the two countries.
The daily also said India can look into other areas of trade with Iran including the pharma and IT industries.
http://english.irib.ir/news/economy/item/217140-‘iran-keen-on-boosting-india-trade-ties’
The media in New Delhi say Iran has made it clear to India that it wants to cooperate with them in seven key sectors including mining, petrochemicals and food.
The Economic Times of India reported that, Iran has accorded India priority status for trade and investment in acknowledgement of the country's support during tough times when the United States and European Union had imposed economic and military sanctions on it.
In 2014-15, India's exports to Iran stood at $4.17 billion while the imports amounted to $8.95 billion, an increase from $1.44 billion and $7.61 billion, respectively, during 2006-07.
The Economic Times further emphasized that New Delhi’s plan to make investments in several of Iran’s key projects including one for the development of Chabahar port are further indications of satisfactory trade ties between the two countries.
The daily also said India can look into other areas of trade with Iran including the pharma and IT industries.
http://english.irib.ir/news/economy/item/217140-‘iran-keen-on-boosting-india-trade-ties’
