India and Iran

Iran is India’s third largest oil supplier, and India has many areas of strategic engagement with Iran, including

  • management of the Shahid Beheshti Port in Chabahar,
  • co-development of the International North-South Transport Corridor to Russia,
  • as well as bilateral trade of about $13 billion of which about $5 billion was in non-oil trade in 2016-17.
  • All parties to the [JCPOA] Agreement should engage constructively for peaceful resolution of the issues that have arisen with respect to the Agreement

Source:TH

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