TEHRAN- The worth of Irans export to India increased by six percent during the first nine months of the current Iranian calendar year (March 21-Decemebr 21, 2022), as compared to the very same period of time in the past year, according to the information launched by the Islamic Republic of Iran Customs Administration (IRICA).
IRICA information put Irans worth of export to India at $1.474 billion in the nine-month duration of this year, while the figure was $1.397 billion in the same time period of the previous year.As reported, petroleum products and fruits have been the significant products imported by India from Iran in the said months.In late May 2022, Iranian ambassador to India said that Iran and India are attempting to diversify the channels of payments to expand the bilateral trade.In an exclusive interview with Financial Express Online, Ali Chegeni said, We are trying to diversify the channels of payments and appropriately desire to extend and broaden an already existing mechanism in order to cover all of the products and services including all of non-oil goods and to achieve this .
Throughout the past 2 years, due to the fact that of Covid limitations, we pursue the concern by means of virtual discussions and currently our authorities are following the matter through the exchange of delegations, the envoy specified at the time.
We want to develop our financial and trade relations beyond energy and petrochemical products.
Since due to the complementarity of Iran and India economies, a comprehensive variety of non-oil trade exists in between two sides consisting of trade on items and services, financial investment, tourism, education and ...
which might pave the way for multiplying our financial relations ten times more than existing relations in mid and long terms , Chegeni said.MA/ MA