Economy, Domestic Economy

India Eyes Preferential Trade Deal With Iran

India Eyes Preferential Trade Deal With IranIndia Eyes Preferential Trade Deal With Iran

Keeping its promise to Iranian President Hassan Rouhani during his visit in February, the Indian government has started examining the feasibility of a preferential trade agreement with the Islamic Republic.
“India’s focus is on market access for products such as pharmaceuticals, manmade fiber, rice and automotive parts,” an Indian government official told BusinessLine.
Iran has been keen on a PTA with India, but New Delhi had not been pursuing it with vigor as it was already engaged in a number of bilateral agreements with other countries.


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