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Iran India

India negotiating with US to continue Iran oil purchase

The country has been buying crude from Iran under the US sanctions although in lesser quantities. The energy-hungry South East Asian state, is eager to be able to import Iranian crude as well as abide by the US punitive measures.

Energy

Iran buys Indian sugar for first time in five years: report

Reuters has spoken to five trade sources in India that confirm that they have contracted to deliver 150,000 tonnes of raw sugar to Iran for March and April delivery.

Trade

First Afghan cargo convoy, destined for India, arrives at Chabahar Port

Chabahar Port in Iran’s south-eastern Sistan and Baluchistan Province, is a regional transport hub. It’s the first time that an Afghan cargo consignment is sent to India via Chabahar Port bypassing Pakistan.

Transportation

Iran, India, Afghanistan to celebrate Chabahar Day on 26 February

The port is Iran’s only exit way to international waters passing through the Sea of Oman. New Delhi has rapidly been developing the strategic port in a bid to export its commodities to Afghanistan bypassing Pakistan.

Transportation

Iran calls for actions to further boost India economic relations

The Iranian envoy to India believes the two countries’ common goal in Afghanistan, Iran’s Look East Policy, Chabahar Port and the International North-South Transport Corridor (INSTC) provide great opportunities for Tehran and New Delhi to push their economic ties to a higher level.

Trade

India, Russia agree to fast-track goods transit via Iran

India is eyeing a bigger role in Eurasia and Afghanistan and is looking at Iran to further increase its influence. Iran is the main route of the Interantional North South Transport Corridor (INSTC) that can help New Delhi achieve its goal.

Transportation

Iran calls on Afghan businesses to invest in Chabahar

Shaheed Beheshti Port in Iran’s south-eastern Chabahar Port and Free Zone, partly developed by India, is an important access to free waters for both Iran and landlocked Afghanistan as well as New Delhi that wants to bypass Pakistan.

Trade

Large ICCIMA delegation visits India to boost trade

Some 40 Iranian private sector businessmen and entrepreneurs, headed by ICCIMA President, Gholam Hossein Shafei, accompanied Foreign Minister, Javad Zarif, to India (8-10 January) in a bid to promote economic ties with the South Asian nation in the face of renewed unilateral US sanctions.

Iran Chamber

Chabahar Port: open doors for India towards Central Asia

Chabahar Port in southeastern Iranian Province of Sistan and Baluchistan holds the golden key for the South Asian country to foray into Afghanistan as well as the Central Asian market.

Trade

Iran says oil money coming back from India, China, South Korea

Tehran has been able to establish financial channels with regional countries to pay its exports in their national currencies in a bid to unblock the flow of export money to the country.

Financial Markets

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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