Iran not just business partner for India but friend

"Iran is not only a business partner for us, but a close neighbor as we have many commonalities in economic and security fields," Vijay Kumar Singh, India's Minister of State for External Affairs said.

Iran (IMNA) – "The relationship between the two countries is not new, and it has been established since many years ago. Our business communities have known each other for a long time," he added.

Saying that there is a great space for Iran and India to develop bilateral economic cooperation, he emphasized, "We should provide common contexts for investments. There are great opportunities to increase trading between two countries, and we need to find the related ways and tools."

"India is the world's fastest growing economy. We can improve our economic relations by removing the obstacles. Our main food exports to Iran are rice and tea," he continued. "Iran has many products that are demanded in India as well; such as saffron and organic products," he noted.

Pointing to the importance of Chabahar economic zone, he said, "Iran is centralized due to its strategic importance in Central Asia. We should find more available opportunities in this country."

He considered the Economic Forum of Iran-India as a very good start point to increase the subsequent economic cooperation.

News Code 364184


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