INSUBCONTINENT EXCLUSIVE:
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
