In their bilateral meeting, Prime Minister Modi and Iranian president Rouhani discussed “bilateral relations and exchanged views on regional and global developments of mutual interest.” read more

India, which is the second biggest purchaser of Iranian oil after China, had agreed to restrict its monthly purchase to 1.25 million tonne or 15 million tonne in a year (300,000 barrels per day), down from 22.6 million tonne (452,000 barrels per day)... read more

New Delhi is expected to raise the economic losses due to US sanctions when secretary of state Mike Pompeo visits India on June 24, the officials said. read more

The US reimposed sanctions on Iran in November after pulling out of a 2015 nuclear accord between Tehran and six world powers read more

Despite the hiccup, Astana continues to be hopeful of building closer trade and transit ties with New Delhi through Iran’s Bandar Abbas port and even extending connectivity to the strategic Chabahar port once a new railway link is built. read more

India has permitted an Iranian private bank to open a branch in Mumbai that is expected to begin operations by March to handle transactions related to New Delhi’s oil purchases in view of American sanctions on Tehran. read more

The India-backed Chabahar port complex on Iran’s coast along the Gulf of Oman is being developed as a transportation corridor for land-locked Afghanistan. read more

It will reduce Afghanistan’s dependence on Karachi port and, hence, will translate to less Pakistani leverage over Kabul read more

Iran formally handed over the port to India during a first meeting of the follow-up committee for the implementation of the Chabahar Agreement between Iran, Afghanistan, and India in the port city Tehran. read more

In the absence of any waiver or concession from the Trump administration, it could have major implications for India, which is one of the biggest importers of Iranian oil and is currently developing the strategic Chabahar port. read more

The first phase of the Chabahar port was inaugurated in December 2017 by Iranian President Hassan Rouhani, opening a new strategic route connecting Iran, India and Afghanistan bypassing Pakistan. read more

The US is re-imposing sanctions on Iran after the Trump administration decided to walk out of the Iran nuclear deal of 2015.  read more

The Chabahar port is being considered a gateway to golden opportunities for trade by India, Iran and Afghanistan with central Asian countries in the wake of Pakistan denying transit access to New Delhi. read more

The Indian-backed Chabahar port complex in Iran is being developed as part of a new transportation corridor for land-locked Afghanistan read more

India has selected an Iranian company, Kaveh Port and Mar ine Services, for running the operations for 18 months till it selects a firm to manage and maintain the facility for long term. read more