Search Result for : Chahbahar Port

Sneha Gilada Economically tied with high volume trade in crude oil and politically tied with similar interests for stability in the Middle East, especially Afghanistan, India and Iran have traversed a long and tumultuous journey to maintain a healthy trade relationship. In an interview with Hon. Consul General, Hassan Nourian (HN), Consulate General of the Islamic Republic of Iran, Hyderabad; The Dollar Business (TDB) explores current issues in the India-Iran bilateral relationship. Speaking about diverse areas from the ambiguity in payment settlement mechanisms to problems in basmati rice exports, the diplomat lucidly explains the dynamics in India-Iran relations. India-Iran payments settlement issues To ensure smooth trade relations between India and Iran regardless of a series of international and American sanctions imposed against the ...

The Dollar Business Bureau At Amritsar today, the PM in his inaugural address at the 6th Ministerial Conference of the Heart of Asia Istanbul process on Afghanistan, reaffirmed India's commitment to helping Afghanistan achieve peace and economic stability.He said, the theme of the conference, “ Addressing challenges; Achieving prosperity” is a well-intended one as India and Afghanistan have together won some important challenges though much remains to be done.Afghanistan provides a vital link of connectivity between South and Central Asia and India intends to use it as a positive connection to reach out to other countries in the region. We cannot deny that the more connected Afghanistan is with the regional arteries of trade, capital and markets, the more assured would be ...

The Dollar Business Bureau India is looking to benefit from a sanction-free Iran through stepping up investments in energy, urban development, information exchange and infrastructure modernisation activities   As part of efforts to attract funds for its infrastructure projects, Iran has asked Indian public and private firms to invest in the development of Chabahar Port and set up industrial units in a Free Trade Zone around the port. India’s External Affairs Minister Sushma Swaraj expressed the country’s willingness to take part in oil and gas exploration projects in Iran, while emphasising on the need of an early completion of all procedures for India’s participation in Farzad-B gas field. The Indian minister met Iran’s Minister of Economic Affairs and Finance Ali Tayebnia ...

Source: PIB, Government of India The Prime Minister, Narendra Modi with the President of Turkmenistan, Gurbanguly Berdimuhamedov at the Press Statements, in Ashgabat, Turkmenistan on July 11, 2015. Source: PIB, Government of India The TAPI Gas Pipeline could transform regional economic cooperation and bring prosperity along the route. The above statement was made by Prime Minister Narendra Modi as part of a media statement in Turkmenistan. He also said to the Turkmenistan President that both the countries should explore multiple options, including the additional possibility of land-sea route through Iran. The PM also said - I conveyed our interest in long term investment in the energy sector in Turkmenistan. We welcome the decision by ONGC Videsh Limited to open an office in ...