Indian basmati rice exports to Iran likely to start from April 2015
Sai Nikesh | The Dollar Business The Indian exporters of basmati rice may expect good days ahead in the upcoming financial year that is going to start from April 2015. According to latest reports, the Government of Iran is likely to restart importing of India’s basmati rice in the new financial year, opening its doors for India after a temporary stoppage since October 2014. This supposed move by the Government of Iran was eagerly awaited by Indian exporters’ associations like Federation of Indian Exporters Organisation (FIEO), Agricultural and Processed Food Products Export Development Authority (APEDA), among others. Even though the Indian import permits had to face brief break since October 2014, Iran continued to execute existing and past orders ...
Iran willing to sign preferential trade agreement with India
Sai Nikesh | The Dollar Business The Iranian Trade Promotion Organization (ITPO) expressed its willingness to sign preferential trade agreement with India in a move to promote bilateral trade between the two countries. According to an official report of the Islamic Republic News Agency of Iran, the Head of Trade Promotion Organization of Iran, Valiollah Afkhami Rad said that ‘signing of preferential agreement with India will result in promotion of trade between the two countries’. The Iranian official was quoted to have made these statements during his meet with the Indian Deputy Minister of Industrial Affairs, Rajani Ranjan Rashmi on Saturday. Expressing dissatisfaction over existing volume of trade between the two countries, the Iranian official emphasized on the need for maintaining and ...
