Iran India

Boosting Iran-India trade ties to $30 billion within reach: Envoy

Iranian Ambassador to India Ali Chegini said that Tehran and New Delhi can increase the volume of their trade ties to $30bln through the application of rupee-rial mechanism.

Trade

New shipping line set to operate between India and Iran’s Chabahar

A new direct shipping route between Iran’s southeastern port of Chabahar and Indian ports of Nhava Sheva and Kandla will open next month with the arrival of a container service at Shahid Beheshti port, an Iranian official says.

Transportation

Iran’s exports to India up 74% in March-December

Iran has reported a major surge in non-oil exports to India in the nine months to December 21 as trade balance rose to a surplus of nearly US$300 million over the period with a steep decline in imports of staples like sugar.

Trade

India’s largest private port resumes processing Iranian ships

The Shipping Association of Iran (SAOI) says Iranian ships are no longer banned from India’s port of Mundra some three weeks after an Indian port operator said it will no longer process containers from Iran at the port.

Transportation

Iran, India finalize draft agreement on preferential trade

Iran and India have finalized a draft agreement on preferential trade after five rounds of high-level talks.

Trade

India delivers second batch of equipment to Iran’s Chabahar port

India has delivered the second consignment of heavy equipment, including two 100-tonne mobile cranes, to Iran’s Chabahar port, reflecting New Delhi’s commitment to the strategic connectivity and transit initiative.

Transportation

India likely to start full operations at Chabahar port by May end

India expects to start full-scale operations at Iran’s Chabahar general cargo port it has built by the end of May, the country’s shipping minister said in a boost for regional trade.

Transportation

India delivers first batch of heavy cranes to Iran’s Chabahar port

A first batch of gantry cranes commissioned by India for operation in Iran’s Chabahar port has finally arrived in the coastal area on the Sea of Oman.

Transportation

Iran sanctions won’t hit Chabahar, US reassures India

An Indian newspaper says the United States has offered fresh assurances to India that its involvement in the Iranian port of Chabahar would not be affected by Washington’s sanctions on Iran.

Transportation

India-Afghanistan transit accounts for 28% of Chabahar container traffic

India’s total transit of goods to Afghanistan via Iran accounted for 28% of Chabahar’s total container traffic by the end of August, which marks the 20th month of the Indian operator’s presence in the port, says Behrouz Aqaei, the head of Sistan-Baluchestan’s Ports and Maritime Organization.

Trade