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Iran India

Iran calls on Afghan businesses to invest in Chabahar

Shaheed Beheshti Port in Iran’s south-eastern Chabahar Port and Free Zone, partly developed by India, is an important access to free waters for both Iran and landlocked Afghanistan as well as New Delhi that wants to bypass Pakistan.

Trade

Large ICCIMA delegation visits India to boost trade

Some 40 Iranian private sector businessmen and entrepreneurs, headed by ICCIMA President, Gholam Hossein Shafei, accompanied Foreign Minister, Javad Zarif, to India (8-10 January) in a bid to promote economic ties with the South Asian nation in the face of renewed unilateral US sanctions.

Iran Chamber

Chabahar Port: open doors for India towards Central Asia

Chabahar Port in southeastern Iranian Province of Sistan and Baluchistan holds the golden key for the South Asian country to foray into Afghanistan as well as the Central Asian market.

Trade

Iran says oil money coming back from India, China, South Korea

Tehran has been able to establish financial channels with regional countries to pay its exports in their national currencies in a bid to unblock the flow of export money to the country.

Financial Markets

Iran private sector proposes barter trade, more banks to facilitate India trade

Iran Chamber of Commerce, Industries, Mines and Agriculture president has called for barter trade between Tehran and New Delhi in a bid to offset the financial challenges that have heavily affected Irans trade with other countries.

Iran Chamber

Bank Pasargad to open Mumbai branch within 3 months

The breakthrough comes after intensive Iranian-Indian negotiations aimed at unblocking financial transactions betweent the two countries following the restoration of unilateral US sanctions.

Financial Markets

ICCIMA, Confederation of Indian Industry pledge further economic cooperation

The Memorandum of Understanding paves the way to boost Iran-India trade relations as Tehrna is looking more eastward following the US withdrawal from the 2015 international nuclear deal and restoration of economic sanctions.

Trade

Iran private sector calls for specific banking channels to boost India trade

Iran Chamber of Commerce President Shafei is leading a delegation of 30 businessmen in a 3-day visit to India accompanying Foreign Minsiter Mohammad Javad Zarif. Banking relations and Chabahar Port investment are high on the agenda.

Financial Markets

India kickstarts Chabahar Port activities with 70k tons of corn

New Delhi says it will be the first time it operates a port outside its territories. The south-eastern Iranian port of Chabahr is very crucial for India to bypass Pakistan and open its way to Central Asia and Europe.

Trade

Iran private sector eyeballs trade boost in India visit

Iranian oil for India is still crucial as is New Delhi investment in Chabahar Port that adds a further leverage to the countrys regional influence, linking it to Central Asia and Europe. These are will top Iran FM Zarifs agenda in India visit where he is accompanies by a large business delegation.

Trade

Iran Chamber of Commerce, Industries, Mines and Agriculture

Established in 1884, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is a non-profit and non-governmental institution which aims at facilitating economic growth and development in the country. Iran Chamber tries to further coordinate the activities of the private sector. As an economic forum, representatives from both the government and the private sector attend Iran Chamber's sessions. Meanwhile the institution acts as an advisory body to the government, parliament and judiciary.

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