ID :
27939
Sat, 11/01/2008 - 22:14
Auther :
Shortlink :
http://m.oananews.org//node/27939
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Iran-India trade up 80 pc in 2007-08
Tehran, Nov 1, IRNA
Iran-India trade volume exceeded dlrs 12.968 billion in 2007, said
Indian Embassy in Tehran in a press release on Friday.
"... bilateral trade between the two countries grew by nearly 80
percent in 2007-08 and reached the level of US$ 12.986 billion in
March 2008," read a press release, a copy of which was made available to IRNA on Friday.
The Embassy adds, "Of this, India exports goods worth US$ 1.937
billion to Iran and imports goods worth US$ 11.049 billion from Iran.
India's imports from Iran include crude oil and petroleum products
worth US$ 10.06 billion and India's exports include petroleum products worth US$ 850 million." It said there has also been an increasing interest in the Indian public and private sectors in investing in Iran.
It added that the companies such as Tatas, Essar, Oil & Natural Gas
Corporation, Gas Authority of India Limited, etc are already present
in Iran in sectors such as oil and gas, mines and
metallurgy, steel, etc.
The press release said Indian Minister for External Affairs, Pranab
Mukherjee, will visit Tehran from 31st October to 2nd November 2008.
"This will be the third visit of the Minister to Tehran in about a
year and a half."
It said the minister's delegation includes senior officers from the
Ministries of External Affairs, Finance, Petroleum & Natural Gas,
Civil Aviation, Communications & Information Technology, Mines,
Science & Technology, Railways, Shipping, and representatives of the
public and private sectors of India as well as of media, academics and
think tanks.
The total strength of the delegation will be about 35 persons, it added.
It went on to say that during the visit, Mukherjee will co-chair the
15th Session of the Indo-Iranian Joint Commission for Trade, Economic,
Scientific, Technological and Cultural Cooperation with Iran's
Minister of Economic Affairs and Finance Seyed Shamseddin Hosseini on
November 1, 2008.
The Session of Joint Commission will comprehensively review
Indo-Iranian bilateral cooperation in the areas of trade, economic,
scientific, technological, and cultural cooperation and set directions
for further strengthening and expanding the cooperation.
End
Iran-India trade volume exceeded dlrs 12.968 billion in 2007, said
Indian Embassy in Tehran in a press release on Friday.
"... bilateral trade between the two countries grew by nearly 80
percent in 2007-08 and reached the level of US$ 12.986 billion in
March 2008," read a press release, a copy of which was made available to IRNA on Friday.
The Embassy adds, "Of this, India exports goods worth US$ 1.937
billion to Iran and imports goods worth US$ 11.049 billion from Iran.
India's imports from Iran include crude oil and petroleum products
worth US$ 10.06 billion and India's exports include petroleum products worth US$ 850 million." It said there has also been an increasing interest in the Indian public and private sectors in investing in Iran.
It added that the companies such as Tatas, Essar, Oil & Natural Gas
Corporation, Gas Authority of India Limited, etc are already present
in Iran in sectors such as oil and gas, mines and
metallurgy, steel, etc.
The press release said Indian Minister for External Affairs, Pranab
Mukherjee, will visit Tehran from 31st October to 2nd November 2008.
"This will be the third visit of the Minister to Tehran in about a
year and a half."
It said the minister's delegation includes senior officers from the
Ministries of External Affairs, Finance, Petroleum & Natural Gas,
Civil Aviation, Communications & Information Technology, Mines,
Science & Technology, Railways, Shipping, and representatives of the
public and private sectors of India as well as of media, academics and
think tanks.
The total strength of the delegation will be about 35 persons, it added.
It went on to say that during the visit, Mukherjee will co-chair the
15th Session of the Indo-Iranian Joint Commission for Trade, Economic,
Scientific, Technological and Cultural Cooperation with Iran's
Minister of Economic Affairs and Finance Seyed Shamseddin Hosseini on
November 1, 2008.
The Session of Joint Commission will comprehensively review
Indo-Iranian bilateral cooperation in the areas of trade, economic,
scientific, technological, and cultural cooperation and set directions
for further strengthening and expanding the cooperation.
End
