No limits in boosting Iranian ties with India
Iranian President Hassan Rouhani engaged in bilateral talks with Indian Prime Minister Narendra Modi on Thursday, on the sidelines of the ongoing Shanghai Cooperation Organization summit in Ufa, Russia.
Rouhani described Iran-India relations as 'friendly and historical,' expressing hope that the sit-down meeting would lay the foundation for a fast and forward movement in the two countries bilateral ties.
The Iranian president pointed to India’s request for investment in Iran’s southern Chabahar port as well as the country’s participation in the North-South Transport Corridor project, saying “the Islamic Republic of Iran sees no limitations in developing trade ties with India.”
New Delhi has plans to build a road-railroad network from Chabahar to Milak in Iran in order to link it with the India-built 223-km Zaranj-Delaram road in Afghanistan so that aid could be pushed to Kabul and beyond. The project would open a new economic corridor rival to what China plans to do in Pakistan’s Gwadar port.
President Rouhani further stressed Iran’s readiness to cooperate with India in investment projects in the sections of oil, gas, Chabahr port, tourism, as well as the private sector. ■