Amid US Sanctions, India-Iran Sign Nine Agreements To Boost Cooperation

The two countries signed nine agreements, including a lease contract which will allow an Indian company to take over for 18 months operational control of facilities at Shahid Beheshti Port in Chabahar.

New Delhi: India on Saturday signed nine agreements with Iran to boost cooperation in key areas of security, trade, and energy, besides a lease contract which will allow an Indian company to take over for 18 months operational control of facilities at Shahid Beheshti Port in Chabahar. and one on double taxation avoidance.
US sanctions did not come in the way of India looking to further boost its economic ties with Tehran with focus on energy, trade, connectivity, and investment when PM Narendra Modi met Iranian President Hassan Rouhani here on Saturday.
The two countries signed nine agreements, including a lease contract which will allow an Indian company to take over for 18 months operational control of facilities at Shahid Beheshti Port in Chabahar.
Prime Minister Narendra Modi Saturday held “substantive” talks with Iranian President Hassan Rouhani to further ramp up cooperation in key areas of security, trade, and energy, after which both leaders signed nine pacts, including one on double taxation avoidance.
“Both leaders held a substantive & productive discussion on cooperation in trade & investment, energy, connectivity, defence & security & regional issues,” External Affairs Spokesperson Raveesh Kumar tweeted.
While addressing a joint press conference in New Delhi with Rouhani, PM Modi said the visit by the Iranian president shows how the two sides want to extend cooperation in key areas, including connectivity.



PM Modi said India will support the construction of the Chabahar-Zahedan rail link in Iran to allow Chabahar gateway’s potential to be fully utilized.
Giving details of their comprehensive talks, Modi said they discussed threats posed by terrorism, drug trafficking, and other challenges.
Iranian President, Rouhani said, “We are determined to fight terrorism and extremism.”



The Iranian President without mentioning Kashmir said that regional conflicts must be resolved through diplomacy and political initiatives.
Apart from tax pact, the two leaders also exchanged instrument to approve the extradition treaty as well as to simplify visa process.
Earlier, Iranian President Hassan Rouhani was given a ceremonial welcome at Rashtrapati Bhavan.



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