The Indian government is sending another consignment of 20,000 tons of wheat to Afghanistan amid a humanitarian crisis in the county.
The deputy agriculture ministers of Iran and India agreed on organizing the first joint Working Group for bolstering agricultural cooperation between the two countries.
A senior Iranian government official says the country may tap more funding from Russia and India for transport projects that could facilitate international cargo transit through the Iranian territory.
Figures by the Ministry of Commerce and Industry of India shows the Asian country’s imports of goods from Iran nearly doubled year-on-year in the first two months of 2023.
Iran and India exchanged as much as $2.5 billion worth of goods in 2022, according to figures by India’s Ministry of Commerce and Industry, IRNA news agency reported
India has allocated ₹100 crore ($12.16 million) for Iran’s Chabahar port in the 2023-24 budget presented on Wednesday, signaling the importance of the facility in regional connectivity efforts, Hindustan Times reported.
Iran’s Ports and Maritime Organization (PMO) says it will send a delegation to India within the next week for final talks on India’s long-term presence in Iran’s port of Chabahar.
The Islamic Republic of Iran Shipping Line Group (IRISL Group) announced it has launched offices in different parts of India to help a multimodal transit of goods in the strategically important International North-South Transit Corridor (INSTC).
Iranian Ambassador to India Iraj Elahi said on Friday that Tehran is ready to supply oil to India despite the US sanctions.
Chabahar Port handled 1.78 million tons of goods during the first half of the current Iranian year (March 21-Sept. 22), registering a 29% rise in throughput compared with the similar period of last year.