Iran’s Minister of Economic Affairs and Finance Ali Tayyebnia said here that Tehran and New Delhi have enough capacity to double the current volume of economic exchanges.
The remarks were made on Sunday evening at a banquet in honor of the visiting Iranian finance minister.
Formation of economic cooperation councils is a good ground for further bilateral relations, Tayyebnia said.
He then urged the two sides to implement the mutual agreements as soon as possible.
Iranian and Indian governments respect each other and the two nations are for the peace, Tayyebnia added.
On the nuclear agreement known as the Joint Comprehensive Plan of Action (JCPOA) between Iran and the six world powers, Tayyebnia said it is a proper opportunity for expansion of ties between the two countries.
Unfortunately, he said, anti-Iran sanctions in the past had created obstacles to Tehran-New Delhi relations.
He further encouraged the foreign investors including the Indians to make investment in Iran.
About regional developments, he said there is no good or bad terrorism, adding that insecurity has endangered economic growth in all regional states.
Iran condemns any kind of aggression and violence, he stressed.
Tayyebnia leading a delegation, arrived in the Indian capital on Friday for Iran-India economic commission meeting.
Today, he is to confer with a number of economic and political officials in this country on ways to promote bilateral cooperation.