Tuesday, 11 December, 2018

India & Iran have much to share & gain from each other: Prez

OVL to bid for Iran's South Azadegan oilfield rework Farzad-B cost Indian public and private sector oil companies will in 2018-19 fiscal buy 0.5 million barrels of crude oil per day. Image source PTI
Andrew Cummings | 18 February, 2018, 06:14

Recognising the challenges of terrorism and ideologies of violent extremism, the two leaders reiterated their strong commitment to combat terrorism in all its forms and manifestations.

On convergence of views between the two sides on key issues, Rouhani said, "On all major bilateral, regional and worldwide issues, we did not disagree on even a single topic".

On the timelines, he said, "We agreed that next week the Indian team will come to Tehran for finalising some of the points".

PM Modi also appreciated the way the Iranian leader provided leadership in developing strategically-important Chabahar Port.

At a news conference after the talks, Modi said India wants to strengthen its ties to the region through the Chabahar Port project. "We do not want to have any difference with other countries", he said adding how Iran "stood against the nations, and regions, in order to stop war conflict and violence".

Calling the arrangement unfair, Rouhani said: "Today's foreign policy is about might and power".

According to a joint statement issued after Modi-Rouhani meeting, Iran welcomed the investment from India in setting up plants in sectors, like fertilizers, petrochemicals and metallurgy in Chabahar Free Trade Zone on mutually beneficial terms.

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The port, which was inaugurated in December, has been touted as a way for India to establish trade routes that bypass its rival Pakistan.

India and Iran signed agreements Saturday for avoidance of double taxation and implementing an extradition treaty signed in 2008.

Hitting out at the US, Rouhani said many issues in the world today have arisen out of miscalculation and Washington has constantly resorted to that mistake with regard to Tehran.

"We are ready for trilateral and multilateral contracts so that this transit route through Chabahar Port turns into a strategic route to consolidate regional ties", said Rouhani, as he and Modi jointly addressed media-persons after the meeting. "It was agreed to hold dialogue to look into measures for cooperation in defence sphere, including port calls by naval ships, training and regular exchanges of defence delegations", the Ministry of External Affairs (MEA) said, in a joint statement.

MoU on cooperation in the field of traditional systems of medicine.

The port in the Sistan-Balochistan province on the energy-rich nation's southern coast is easily accessible from India's western coast and is increasingly seen as a counter to Pakistan's Gwadar Port, which is being developed with Chinese investment and is located at distance of around 80 km from Chabahar.

Rouhani reached New Delhi on day long visit Friday night, after spending two days in Hyderabad, where he offered Friday prayers, met Muslim elite and visited cultural attractions of the city.

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