Iran, India eager to boost economic relations
TEHRAN. March 12. KAZINFORM. In the meetings held here during past two days, Iranian and Indian officials voiced their resolve to boost economic relations. Kazinform refers to Xinhua.
The Secretary General of Tehran's Chamber of Commerce Mohammad- Mehdi Rasekh said Sunday that the existing potentials and capacities for trade between Iran and India are way beyond the current bilateral trade volume, the local satellite Press TV reported.
There is possibility for both countries to expand trade relations in a much wider scale, Rasekh was quoted as saying.
Rashid Alvi, head of an 80-member Indian business and economic delegation which arrived in Iran on Friday for a five-day visit, lauded relations between Iran and India as conducive for the entire region, the website of state IRIB TV reported.
"Holding discussions at regular intervals on bilateral economic and political cooperation will be beneficial not only to Iran and India but also for peace and security of the region and the world, " Alvi, also the spokesperson of the Indian Congress, was quoted as saying.
Iran, as a long-standing friend to India, has made considerable progress in all sectors and is a promising country which India hopes to boost ties with, said Alvi.
Reciprocal flow of investments will enhance bilateral trade and the outcome will also boost the political relationship between the two friendly nations, he added.
The global financial crisis has shown that there was no choice but to strengthen regional cooperation to minimize the impact, the report quoted him as saying.
Head of Iran's Chamber of Commerce, Industries and Mines, Mohammad Nahavandian, said Saturday that Indian economy provides a good opportunity for Iran to cooperate and interact with the country, the official IRNA news agency reported.
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