Iran India

India, Iran seeking new payments mechanism for trade

India is exploring setting up a new payments mechanism for trade with Iran, as state banks remain fearful of handling payments from Tehran in case the United States imposes a fresh financial embargo.

Trade

Iran, India trade volume can hit $30 billion: Shafei

President of Iran Chamber of Commerce, Industries, Mines and Agriculture Gholam Hossein Shafei says Tehran and New Delhi can raise their trade exchange to 30 billion dollars in a long term period.

Iran Chamber

Iran’s Chabahar to link India with Oman

India is intrigued by the idea of establishing a sea trade link with Iran and Oman through the Iranian port of Chabahar.

Transportation

India’s Major Shipping Corporation to Resume Sailing to Iran: Report

Shipping Corporation of India (SCI) will resume sailing to Iran this month.

Transportation

Iran, India determined to develop Chabahar Port

Iranian President Hassan Rouhani and India’s Prime Minister Narendra Damodardas Modi voiced determination to implement the agreements signed between the two countries, particularly a project to develop Iran’s southeastern port city of Chabahar.

Trade