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India to expand economic, commercial ties with Iran

Politics Materials 7 December 2018 22:16 (UTC +04:00)
Indian President Ram Nath Kovind has called for expansion of relations with Iran in various fields, in commercial and economic domains in particular.
India to expand economic, commercial ties with Iran

Indian President Ram Nath Kovind has called for expansion of relations with Iran in various fields, in commercial and economic domains in particular, IRNA reported.

Kovind made the announcement in a ceremony to receive credentials of Iran's new ambassador to New Delhi Ali Chegini.

He called for upgrading Iran-India trade value to more than $13 billion.

He also strongly condemned Chabahar terrorist attack which martyred two and injured 43 Iranians and voiced sympathy with the Iranian government and people.

He said the visit of Iranian President Hassan Rouhani to New Delhi in February will open a new chapter in bilateral relations, adding that New Delhi's approach to Iran is in favor of safeguarding and expanding relations.

He said that present opportunities should be fully exploited for the purpose.

The president said Iran-India cooperation in transportation sector, especially India's contribution to development of Chabahar Port, are signs of good mutual cooperation.

He added that delegating management of the port to an Indian company by the end of this month is good news.

Chegini in turn conveyed warm greetings of Iranian president to Indian counterpart and, while referring to very friendly and historical bilateral relations, said Iran's approach to relations with India is a long-term one.

He said the Islamic Republic of Iran hopes that the relations will be further upgraded and new grounds, especially in the trade and economic domains, will be expanded and developed.

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