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India’s Modi in Iran on trip to boost trade
India’s Prime Minister Narendra Modi today arrived in Tehran on his two day visit to Iran.
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“On his arrival at the Mehrabad International Airport, the Prime Minister was received by by Iran” s Finance and Economic Affairs Minister Ali Tayyebnia, after which he left for a local gurudwara to meet people of Indian origin.
The gurudwara was founded in 1941 by Bhai Ganga Singh Sabha Tehran. Addressing the community there, Modi said: “We’re fortunate to have got an opportunity to celebrate the 350th birth anniversary of Guru Gobind Singh”.
“With this, we wish to educate our coming generations about the sacrifice of all our Guru’s and the message of Guru Granth Sahib”, said Modi.
“I have noted several suggestions that have emanated from your community. Let us all work together to serve humanity”, he added.
Formal talks with Iranian President Hassan Rouhani are scheduled for tomorrow morning after a ceremonial welcome.
Prime Minister Modi will also inaugurate an Indian cultural festival in Iran on Monday.
The signing of the Agreement in the presence of the leaders of all the three countries highlights the importance the trio attaches to the port.
Thereafter, a trilateral agreement on transport and transit corridor among India, Afghanistan and Iran will be signed at a separate event on the same day.
The projects include ones about India’s investment in the Iranian free-zone port of Chabahar.
Prime Minister Modi’s visit will mainly focus on connectivity and infrastructure, energy partnership with Tehran and boosting bilateral trade. “With Farzad-B, we have gone beyond the buyer-seller relationship to being genuine partners in the field of energy”, he said. Our public and private sectors are keen to invest in Iran.
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The visit will feature discussion on terrorism in the region as well as extended neighbourhood.
Iranian media said a first tranche of this debt, the equivalent of $750 million, was paid into accounts held by the Iranian central bank in Turkey.
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“Lifting of the global sanctions against Iran has opened up vast opportunities for both the countries, especially in the economic sphere”, Modi said, adding India is keen to enhance its investment in the Persian Gulf nation and also welcomes flow of capital and investments from there.