Iran India - page 2

EghtesadOnline: New Delhi must work with the government of President Hassan Rouhani to ensure that bilateral irritants in fostering economic ties between the two nations are resolved soon, reads an article published by the US-based think-tank Eurasia Review. According to Financial Tribune, excerpts follow:

EghtesadOnline: Iran's Oil Ministry has sent a letter to Indian officials about the Farzad-B gas project that has turned into a point of contention between the two countries in recent months, the Iranian oil minister said.

EghtesadOnline: India shipped in 502,000 barrels a day of crude oil from Iran last month, the Oil Ministry said in a report.

EghtesadOnline: Iran Central Iron Ore Company exported 50,000 tons of iron ore concentrate to India in July, according to the head of international relations of Iron Ore Producers & Exporters Association of Iran, Keyvan Jafari Tehrani.

EghtesadOnline: Iran Mercantile Exchange plans to start bitumen exports to India as per an agreement reached between the two countries’ market regulatory organizations on Thursday.

EghtesadOnline: India’s insistence to get exceptional concessions from Iran on the development of a giant gas field in the Persian Gulf has taken some toll on their trade ties.

EghtesadOnline: Notwithstanding the plans by the United States to impose fresh sanctions on Iran nuclear deal, India is all set to begin interim operations in the strategically important Chabahar Port project next week, Indian shipping ministry officials familiar with the development said.

EghtesadOnline: India said on Monday it abided by sanctions imposed by the United Nations but not those imposed by any other country, such as those announced by the United States against Iran.

EghtesadOnline: The Indian Cabinet on Wednesday cleared a double taxation avoidance agreement between India and Iran, which will promote investment flow and curb tax evasion.

EghtesadOnline: Iranian President Hassan Rouhani is on a visit to India this week, repaying a trip by Prime Minister Narendra Modi to Tehran in 2016. Before leaving Tehran, Rouhani said relations between the two nations were historical and deep-rooted, and in his first day in India -- in the city of Hyderabad -- on Thursday he went further to emphasize warm relations between Tehran and New Delhi, saying, “Iran and India enjoy historic and cultural relations that are beyond mere political and economic relations,” hinting at an approach rooted in idealism in international relations, especially with India, rather than one rooted in mere realism.

EghtesadOnline: India and Iran signed 15 agreements in the presence of Iranian President Hassan Rouhani and Indian Prime Minister Narendra Modi in New Delhi on Saturday.

EghtesadOnline: Iran's president, on Thursday and before leaving Tehran for New Delhi, said that during his stay in India he and his accompanying team will discuss with the Indian officials ways to enhance bilateral relations in an array of fields.

EghtesadOnline: India is one of Iran's main trading partners.

EghtesadOnline: A leading Indian energy company has announced that it has presented an offer to Iran to develop its Farzad B gas field through an investment that it says could reach as high as $11 billion.

EghtesadOnline: Tehran has opened talks with Russia and several other countries on developing Farzad-B Gas Field in the Persian Gulf, a parliamentarian said, indicating that there will be no backdoor deal with New Delhi on the coveted gas project.