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‘India to set trade priorities with Iran to further facilitate bilateral commerce’

New Delhi envoy to Iran Gaddam Dharmendra says India has made good progress in developing Chabahar Port to diversify its trade relations with Iran. He believes two countries need to prioritize items under the sanctions.

India’s 2018/19 Iran oil imports up 5% YoY despite US sanctions: Report

India imported about 5 percent more oil from Iran in the last fiscal year through March as companies raised purchases ahead of US sanctions against Tehran from November, preliminary tanker arrival data obtained from shipping and industry sources showed.

Iran to offer another 1 million barrels of oil on domestic bourse

Tehran sought to keep its sales flowing by putting its crude on energy exchange for sale to bypass the renewed US sanctions that are targeting the country’s vital oil and banking sectors.

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.

Indian firm takes over operations at Iran Chabahar Port

India is keen on open another route to its vital Afghan marke and that goes through Irans southwestern Chabahar Port[ a key and strategic transit road that bypasses Pakistan and paves the way for a faster development of Afghanistan.

Asia needs to be unified under new world economic order: Iran Chamber VP

Asia has been moving in the direction of taking over Western economies led by its rising dragon, China, as well as India. Vice president of Iran Chamber of Commerce, Pedram Soltani, says with power and wealth all coming Asias way, its private sector and civil societies must mark the continents future path.