Soon after his arrival here to a red carpet welcome with Iranian Economic Affairs and Finance Minister Ali Tayebnia present to receive him, Modi left for the gurudwara and offered prayers.
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Realization of the full potential of Indo-US economic partnership has been a key priority for both the countries and the progress achieved in this regard is reflected in the increased investment flows, the ministry said.
It will also emphasise on New Delhi’s desire to secure energy assests for a fast growing economy.
He also said the two parties have had very detailed discussions on the ways to organize relations between Iranian and Indian banks.
Mr. Modi, who will hold formal talks with President Hassan Rouhani on Monday, said he had indicated possibilities of cooperation in ports, fertiliser and petrochemical sectors during their meeting at Ufa.
President Hassan Rouhani’s office has announced that during the visit, both sides will ink a number of agreements to “deepen their mutual ties” in the post-sanction era.
The deal and plans were announced Monday during a visit by an Indian Prime Minister Narendra Modi, the first such trip in more than a decade.
-During PM Modi’s visit, Afghanistan and Iran will sign an agreement to set up a trade and transport corridor with Chabahar as the hub.
“I also hope that cultural and humanitarian ties between India and Iran will become stronger during this visit”, Modi said on his Twitter account, writing in Farsi.
Another important topic on the agenda of PM Modi’s visit is the return of the Indians to one of the country’s major gas fields, the Farzad B gas project and its development, Mr Nourian said.
Indian Prime Minister Narendra Modi arrived in Tehran for his first on May 22. India is blocked from land access to Afghanistan and through it to the central Asia countries because of opposition from Pakistan, which sees India’s expansive diplomacy in the region as a threat. In 2012 Iran was India’s second-largest crude supplier but oil exports subsequently fell.
– India and Iran are not new friends our “dosti” centuries old.
“The relationship will go beyond mere trade relationship. We have shared interests in each other’s growth and prosperity, joys and sorrows”, said PM Modi.
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“Building an enduring partnership”.
