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New Delhi trade policy focuses on Tehran

Sentinel Digital DeskBy : Sentinel Digital Desk

  |  26 May 2016 12:00 AM GMT

Tehran, May 25: New Delhi’s trade policies have concentrated on Tehran, an Indian official said on Wednesday, adding that India was trying to boost trade exchanges with Iran through chambers of commerce. Khalid Khan, regiol chairman of Federation of Indian Export Organisations, said Iranian cities of Isfahan, Shiraz and Tehran were the centres of attention for India.

He said several meetings were held to review ways to widen trade cooperation with those cities, IR reported.

Founded in 1962, the organisation supervises export activities in India and is determined to help strengthen trade cooperation through holding different exhibitions, Khan said.

He described Chabahar agreement signed between Iran, India and Afghanistan on Monday as a basis for economic relations between Tehran and New Delhi. Establishment of Chabahar intertiol corridor will reduce transportation expenses at least by 30 percent, he added. The corridor is the closest access to countries including Afghanistan, Turkmenistan, Uzbekistan, Tajikistan, Kyrgyzstan and Kazakhstan that are located in the Central Asia, he said. India and Iran enjoy dymic economies, said the official, adding trade cooperation between the two will benefit both. (IANS)

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