News Agency - Detail

Iran Most Sustainable Energy Supplier for India: Official

(Tuesday, January 8, 2019) 12:06

Head of Iran's Chamber of Commerce Gholamhossein Shafei said the country; given its vast oil and gas reserves was the safest, most reliable energy supplier for India.

The official, leading a high-profile commercial delegation from Iran to India, accompanying Foreign Minister Mohammad Javad Zarif in his visit to India, voiced Iran’s readiness to enhance cooperation in the energy sector with India.

He also called on India to eliminate discriminative tariffs on Iranian goods.

“India’s rapid pace of economic growth in transforming science into wealth, the billion-dollar market of the country and its supreme status in the global economy, on the one hand, and Iran’s rich resources, efficient and skilled workforce, oil and gas, and the geo-strategic and transit position, on the other hand, could strengthen and consolidate the foundation of economic relations between the two countries,” the official added.

He said the elimination of dollar in the transactions between Iran and India, and the tax incentives offered to Indian buyers of Iranian oil in rupee could lead to settlement of oil dues to Iran.

According to Shana, Zarif at the Delhi airport said: "Iran has always been and will be a reliable oil supplier for India.".

"We have decided to take advantage of this opportunity, and hold meetings with Indian officials with a big economic and political delegation,” said Zarif.

 

He said Iran had struck a “good banking agreement” with India which was signed in fall which allowed for trading goods between the two countries.

The official also said that the strong presence of private sector representatives in the Iranian delegation in the visit to India was an indication of their interest in reaching out to their Indian opposite numbers for furthering cooperation.

"There are many areas for the expansion of bilateral relations between Iran and India, one of which is Chabahar," he said.

“The Indians are interested in being present in Chabahar and in the transit infrastructure of Iran.”

Email is required
Characters left: 500
Comment is required