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Iran India

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

India not dictated by US on Chabahar: Envoy

India’s Ambassador to Tehran Gaddam Dharmendra has reiterated that New Delhi would not be dictated by the US how it should cooperate with Iran on the key port of Chabahar.

Transportation

India’s UCO Bank eager to keep rupee-rial payment mechanism

With India no longer importing oil from Iran, UCO Bank is looking at other avenues to keep the rupee payment mechanism with Iran alive.

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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