National
0

Iranian, Indian Economies Complementary

Iranian, Indian Economies ComplementaryIranian, Indian Economies Complementary

Tehran and New Delhi have the potential to fulfill each other's needs by engaging in wide-ranging economic cooperation, the president said.

In a meeting with Indian foreign minister, Sushma Swaraj, in Tehran on Sunday, Hassan Rouhani said Tehran with its vast energy resources can be a reliable supplier of fuel needed to keep the wheels of the growing Indian economy turning.

Pointing to opportunities for cooperation in the field of transportation, Rouhani said the development of the Chabahar port on the coast of the Sea of Oman will help link India to the Caucasus and Central Asia.

The strategic location of the port, which connects regional countries to the open seas, has long encouraged India to invest in the port and use it as a "bridge" to expand relations with other states, especially Afghanistan.  

The president touched on the capacities for political cooperation, saying the two sides have many common interests in the international arena, especially when it comes to fighting terrorism, which prepares the ground for closer coordination.

Swaraj stressed India's commitment to strengthening ties with Iran.

"India, as a huge emerging and energy-consuming economy, is willing to lay the foundation for win-win cooperation between the two sides," she said.  

The top Indian diplomat arrived in the Iranian capital late on Saturday on a two-day visit.

Also on Sunday, she held talks with her Iranian counterpart Mohammad Javad Zarif and the senior foreign policy advisor to the Leader of the Islamic Revolution, Ali Akbar Velayati.

 

Financialtribune.com