Iran says ground paved for Indian investors
Grounds are fully prepared for Indian investors to work in Iran, Iranian Foreign Minister Mohammad Javad Zarif told his Indian counterpart Sushma Swaraj in Tehran.
The strategic cooperation between Iran and India regarding transportation projects that connect Central Asia to the CIS and China is getting along slowly and Iran expects longer strides to realize the projects, Zarif underlined.
Iran and India are engaged in a giant transportation project that connects the latter to Russia and Europe, using sea and land routes to reduce transport time from 40 days to 14.
Appreciating bilateral cooperation in Iran's special economic zone Chabahar, the diplomat expressed satisfaction over joint projects carried out in energy, trade, banking, and investment so far.
India recently offered $20 billion investment in LNG and petrochemical projects in Chabahar. India is seeking to turn the area into a reliable footing and a trade hub to fight China's plans for the nearby Pakistani port of Gwadar.
Swaraj, for her part, said India is prepared to ease visa requirements for Iranian businessmen.
She also appreciated the achievements of Indian Oil Minister Dharmendra Pradhan's recent visit to Iran. Tehran and Delhi reached fundamental agreements on developing Farzad B gas field during Pradhan's recent visit.
Swaraj urged joint efforts to ease business atmosphere for both sides and implement agreements the two sides have already made.
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