India-Iran Current Affairs - 2019

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India-Iran: Cabinet approves MoU to establish expert group on trade remedy measures

The Union Cabinet has given its ex post facto approval to Memorandum of Understanding (MoU) between India and Iran on establishment of an expert group on trade remedy measures.  The MoU was signed in February, 2018 during visit of Iran’s President Hassan Rouhani to India. It aims to promote cooperation in areas of mutual interest. Read More…

Month:  Categories: Governance & Politics

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India-Iran: Cabinet approves Agreement for Avoidance of Double Taxation

The Union Cabinet has approved Agreement for Avoidance of Double Taxation and Prevention of Fiscal Evasion with respect to taxes on income between India and Iran. The Agreement is on similar lines as entered into by India with other countries. Key Facts The agreement will stimulate flow of investment, technology and personnel from India to Read More…

Month:  Categories: Governance & Politics

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India, Iran ink 9 agreements

India and Iran have signed nine agreements, including one on connectivity related to strategic Chabahar port and on double taxation avoidance.  These agreements were signed after bilateral talks between Prime Minister Narendra Modi and Iranian President Hassan Rouhani. The bilateral talks focused to boost cooperation in key areas of security, trade and energy. This was Read More…

Month:  Categories: International

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First phase of Chabahar port inaugurated in Iran

The first phase of Iran’s Chabahar port (Shahid Beheshti Port) which holds significant strategic and economic importance for India was inaugurated was Iran’s President Hassan Rouhani. It is Iran’s only oceanic port located on the Gulf of Oman, southeast of Iran near Pakistani border. It has been jointly developed by India, Iran and Afghanistan. The Read More…

Month:  Categories: InternationalPlaces in News

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Chabahar Port likely to be operational by end-2018: Government

The Union Government is hopeful that strategic Chabahar Port in Iran will be operational by end of 2018. Iran is expected to send application to EXIM Bank of India for providing first tranche of loan from the $150 million credit line to activate the contract between India and Iran for Chabahar Port. Chabahar port Chabahar Read More…

Month:  Categories: Governance & Politics

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India, Iran call for early operationalisation of Chabahar Port

India and Iran have expressed commitment for early completion and operationalisation of Chabahar Port besides strengthening bilateral ties. Both countries in a series of meetings held during the Union Road Transport, Highways and Shipping Minister Nitin Gadkari two-day visit to Iran to attend the inauguration of Hassan Rouhani second tenure as President. Key Facts Both Read More…

Month:  Categories: Defence & Security

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India receives first Iranian oil parcel for emergency reserves

India has received the first parcel of crude oil from Iran to partly fill the strategic storage in southern India as part of the Strategic Petroleum Reserves (SPRs) storage. The first parcel of 2 million barrels of Iranian oil was imported by Mangalore Refinery and Petrochemicals Ltd (MRPL) with the help of very large crude Read More…

Month:  Categories: Governance & Politics

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