Tag Archives: India

The two sides could reach an agreement on the value of a possible deal around June.

India used to be Iran’s second top oil buyer after China until May when US ended waivers granted to the country for import of oil from Iran.

The nation plans to work with the Coalition countries on best practices and experiences for effective implementation of its National Clean Air Programme.

Indian Ambassador to Tehran Gaddam Dharmendra said that Iran’s Southeastern port city of Chabahar is of prime importance to New Delhi. adding that the two countries increase their trade in the last year by 30%.

The 2018 floods and landslides in Kerala affected around 5.4m people and 1.4m people were displaced from their homes.

Free trade zones in South and North of Iran can serve as the gates of entry and exit for transiting Indian cargoes destined for Eastern and Northern Europe with helpful economic expemtions.

High oil prices have been a pervasive concern for India.

In 2018. India imported the third-highest volume of crude oil by value after China and the United States.

It is easier to trade in domestic currency as India has the option to route payment through one of India'.s state-owned banks.

Indian New govt plans to hold talks with Iran at the earliest to discuss ways to resume oil imports and is even looking to pay in Indian currency. ThePrint reported on Tuesday.