Iran, India, Afghanistan sign Chabahar agreement

Iran, India and Afghanistan on Monday signed an agreement on establishment of an international corridor between the three countries – known as Chabahar agreement. The agreement was signed in Tehran in the presence of heads of state of the three countries. In a joint press conference with Indian Prime Minister…

India willing to invest in Iran oil industry

Iran’s Ambassador to New Delhi Gholam Reza Ansari said India is keen to make investment in Iranian oil, gas and petrochemical industries. At the opening ceremony of the P4 Expo India 2016 on Tuesday which runs for five days, Ansari said the Indian corporations should take the existing opportunities that…

Iran inks 3 agreements with Sweden, Turkey, India

The Iranian companies inked three agreements with Sweden, Turkey and India in the fields of auto industry here on Monday. The agreements were inked in the 3rd Iran Automotive Industry international Conference which is currently underway in Tehran. The 3rd Iran Automotive Industry International Conference opened in Tehran on Monday….

Envoy: India deems Chabahar port as important

Indian Ambassador to Tehran underlined the importance of Iran’s Sistan and Balouchestan province, especially Chabahar port city, for his country. ‘Sistan and Balouchestan province, particularly Chabahar port city, is of special importance for India and it is an important linking path,’ Saurabh Kumar said. Kumar said that Chabahar has suitable…

India to speed up investment in Chabahar Port

Following Iran’s warnings to India to expedite investment in Chabahar port, New Delhi has called on Indian ministries of railway, transportation, oil and gas and finance to take speedy action to implement their projects in Chabahar. Iran’s Ambassador to New Delhi Gholam-Reza Ansari in a speech at West Asia Conference…

India can resume normal trading ties with Iran: Indian paper

India is now free to resume normal trading ties with Iran that were disrupted by US and EU sanctions related to Tehran’s nuclear program that were lifted on Saturday. India will also be able to release payments its state-owned refineries owed to Tehran for crude oil purchases that were held…

Iran, India to expand energy, railway, port ties

Energy Minister Hamid Chitchian said that Iran and India are ready to cooperate in the fields of renewable energies, development of Chabahar port as well as Iran’s railways. After a meeting with Minister of Women and Child Development of India Maneka Sanjay Gandhi here on Tuesday, he told reporters that…

Iran urges India to finalize Chahbahar investment: Envoy

Iran’s Ambassador to New Delhi has criticized India’s delay in carrying out the major projects, urging the Indian side to make its decisions for investment in the projects such as development of Chahbahar port. ‘India’s private sector is deeply interested in investing in Chahbahar, but the government of this country…

India’s 2015 Iran oil imports over 208,000 bpd

India’s imports in December surged nearly 70 percent from the previous month to 233,100 barrels per day (bpd), but were still down by a third from a year ago, according to the data and a report compiled by Thomson Reuters Oil Research and Forecasts. India’s December oil imports from Iran…

India and Iran to seal Chabahar port deal by January

On December 21, 2015, Posted by , In News, By ,,, , With No Comments

India and Iran are trying to iron out irritants and conclude contract by January for the expansion project of the strategically located Chabahar Port, an Indian press report said. The Economic Times said that “official of both sides are negotiating terms of the contract with a hope to conclude the…