Iran, India to sign 15 economic, cultural documents on Saturday

IRNA – Iran and India are scheduled to sign 15 economic and cultural documents on the last day of President Hassan Rouhani’s on-going visit to India on Saturday, according to Iran’s minister of economy.

Masoud Karbasian, who is accompanying President Rouhani in his visit to India, said that the agreements will include environmental and railway issues.

One of the main agreements which is to be signed on Saturday is about Chabahar Port which is connecting India to Central Asia, Karbasian said.

On the banking exchanges between Iran and India, he said that India is one of the main importers of Iranian oil and petrochemical products while there are no banking and financial problems between the two countries.

‘Iran and India will solve the few banking problems in this visit,’ he added.

President Rouhani arrived in the Indian capital on Friday evening after two days stay in Hyderabad city, south of India.

He will meet with his Indian counterpart, Prime Minister Narendra Modi and the country’s foreign minister on Saturday. The visit to India is taking place at the official invitation of the Indian prime minister who visited Iran last year.

President Rouhani is accompanied by Minister of Foreign Affairs Mohammad Javad Zarif, Petroleum Minister Bijan Zangeneh, Road and Urban Development Minister Mohammad Akhundi, and Industry Minister Mohammad Shariatmadari.

A large delegation from Iranian private sector businessmen and tradesmen are also in India as part of President Rouhani’s delegation.