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Iran India

Iran has not ruled out participating in Chennai Petroleum expansion: Indian Oil

Naftiran Intertrade, the Swiss subsidiary of National Iranian Oil Company, holds a 15.4 per cent stake in Chennai Petroleum, while Indian Oil has about a 52 percent share.

Energy

India exempts rupee payments for Iran oil from hefty taxes

India was granted a US waiver to keep buying Iranian oil in November after Washington revivded economic sanctions on Tehan. But, the money for the sold has not made its way back to Iran as the sanctions have paralysed dollar-based financial transactions.

Energy

Iran businessmen to weigh India market in new year visit

Iran is set to expand political and economic ties with India especially after the revival of US economic sanctions that took effect on 5 November.

Iran Chamber

Iran looks to import medicine from Brazil, India

Tehran wants to offset possible shortages of certain medicine following the US sanctions by luring investment from Brazil and India.

Mine and Industry

Indian firm takes over operations at Iran Chabahar Port

India is keen on open another route to its vital Afghan marke and that goes through Irans southwestern Chabahar Port[ a key and strategic transit road that bypasses Pakistan and paves the way for a faster development of Afghanistan.

Transportation

Iran offers incentives to lure Indian pharmaceutical investment

Tehran is seeking to expand its economic ties with India after the latter invested in Iran strategic southern port of Chabahar. New Delhi has been offered to invest in Irans pharmaceutical production.

Mine and Industry

India determined to save nuclear deal

Given the recent move by the US to withdraw from the nuclear deal, and its repercussions for Iran-India relations, the deal was a hot topic of the meetings with Indian officials, Abbas Araqchi, who was visiting India, told the Islamic Republic News Agency (IRNA) on Monday.

Energy

Iran will work to secure oil exports to India

As US sanctions loom, Iran’s Embassy in New Delhi says the Islamic Republic will do all in its power to ensure security of oil supplies to India.

Energy

India may ignore US demand to halt Iran oil imports

One of the biggest buyers of Iranian oil is unlikely to comply in full with US demands to reduce imports to zero.

Energy

Iran to remain integral part of India’s foreign policy

India can live without Iranian energy, but Iran will remain an important part of Indias foreingn policy. As the US under Donald Trump takes an extreme view of Iran sanctions, it promises to constrain India’s manoeuvring space significantly if India is not careful.

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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