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RUPEE RIAL AGREEMENT
Barter trade agreement between Sri Lanka and Iran to hit India's tea exports to West Asian nationSri Lanka will send orthodox tea or whole leaf teas to Iran to pay off its oil purchase dues. Iran buys orthodox teas only for its domestic...
Exporters confident of shipping 35 million kg of tea to Iran this yearThe recent visit of minister of external affairs minister S Jaishankar to Tehran has raised hopes of an improvement in the payment system b...
We have a balanced foreign policy approach vis-a-vis both China and India, says IranLast Monday, Iranian deputy minister and head of Iranian railways Saeed Rasouli, met Indian Ambassador in Tehran to discuss the issue.
India & Iran are maritime neighbours: Indian envoy Gaddam Dharmendra to TehranIndia is the only country that is currently undertaking a major development project in Iran notwithstanding the U.S. sanctions. The Chabaha...
Iran to remain integral part of India’s foreign policyIndia wants to use the Chahbahar port not only as an access point for Afghanistan but link it to the International North-South Corridor (IN...
India to invest in Iran in Rupees amid sanction fearsPM Narendra Modi and Iranian President Hassan Rouhani are expected to put a mechanism in place for this purpose when they meet here on Satu...
- Indian tea industry asks Iran to Rupee-Rial agreement
The Indian tea industry has asked the Iranian government to maintain the Rupee-Rial agreement and keep it outside normal foreign exchange r...