India is reportedly seeking to devise a mechanism to provide a state guarantee to refineries importing oil from Iran, whose energy sector has been targeted by US-led sanctions. Indias Finance Ministry decided to consider the "facility/sovereign guarantee" on July 31, Reuters quoted an industry source in New Delhi as saying on Thursday. The refineries ...

TEHRAN, Jun. 2 (MNA) An Indian economic delegation has just arrived in Iran with the aim of finalizing negotiations to invest $100 million in Irans southeastern Chabahar port. The delegation is led by the deputy director of the Shipping Corporation of India, according to the report. Indian investors had previously announced readiness to participate ...

Iran and India have reached a basic barter trade deal, enabling New Delhi to purchase the Iranian oil in exchange for the Indian textile products. Reza Tofiqi, the vice president for marketing and relations adjustment at Irans Trade Promotion Organization, told Mehr news agency on Wednesday that Tehran and New Delhi have held negotiations over the ...

New Delhi asked Tehran to mention only Afghanistan as key reason for Chabahar port pact India has managed to balance the task of assuaging American paranoia about dealing with Tehran as well as confirming with Iran plans to participate in developing a port during External Affairs Minister Salman Khurshids recent visit to Iran. These mutually clashing ...

NEW DELHI, May 13 (Bernama) -- Iran is seeking more business opportunities in non-oil sectors with India to boost bilateral trade, the Islamic Republic News Agency (IRNA) quoted Iran's Consul General Hassan Nourian as saying. Nourian, who was speaking in South Indian Andhra Pradesh state's capital Hyderabad in a meeting with an Indian business group ...

HYDERABAD, MAY 11: Bilateral trade between India and Iran is poised to cross $25 billion within four years, according to Hassan Nourian, Consul General of Iran. The Consulate of Iran, Hyderabad, in association with the Federation of Andhra Pradesh Chamber of Commerce and Industry (FAPCCI), has set up the Chamber of Commerce for Iran Trade Promotion ...

The Islamic Republic of Iran and India have expressed deep concern about the ongoing violence in Syria, stressing a need for a peaceful settlement to the crisis in the Arab country. In a statement issued at the end of the 17th meeting of the Iran-India Joint Economic Commission on Monday, the two countries called on all parties to the Syria crisis ...

Indian External Affairs Minister Salman Khurshid has voiced New Delhis willingness to reenter negotiations over a project that would have transferred Iranian gas to India via Pakistan. The project, which was initially referred to as the Iran-Pakistan-India (IPI) or Peace Pipeline, was inaugurated by Tehran and Islamabad after India abandoned negotiations ...

Iranian President Mahmoud Ahmadinejad has described Iran-India relations as friendly and deep-rooted, saying the two nations have common views on a range of historical and cultural issues. Under the current global circumstances, we have a duty to insist on the maintenance and further enhancement of mutual ties, President Ahmadinejad said during a ...

Irans Majlis speaker says Tehran and New Delhi should boost reciprocal trade relations, and pave the way for closer cooperation between Iranian and Indian private sectors. The hurdles to promotion of relations between the private sectors of both countries should be removed in a bid to pump up the volume of mutual economic transactions and tap into ...

Iranian Foreign Minister Ali-Akbar Salehi and his Indian counterpart Salman Khurshid have signed four Memoranda of Understanding (MoU) to expand cooperation between the two countries. The MoUs were signed during the 17th meeting of Iran-India Joint Economic Commission which is being held in the Iranian capital Tehran on May 3-5. Describing Iran ...

Iran news headlines on Sundayinclude Egyptian delegation & Iranian leaders discussion over Syria crisis in Tehran; Iran oil minister remarks over increase of Iran country gas exports to Turkey;Iran-India joint economic commission in near future;4.7 magnitudequakestrike insouthern Iran and Iran releasingindigenous Bavar-373 missile in near future....

Iranian Ambassador to India Gholamreza Ansari says Tehran and New Delhi plan to hold a joint economic commission next week. The Iranian envoy said on Sunday that the joint economic commission would be held in Irans capital, Tehran. Ansari added that Iranian Foreign Minister Ali Akbar Salehi would head the countrys committee while his Indian counterpart ...