Sarkaritel.com International News and Features

India-Iran review the Tentes of Bilateral Relationship

New Delhi, November 18, 2006

During the discussions between the Union External Affairs Minister Pranab Mukherjee and visiting Foreign Minister of Iran, Manouchehr Mottaki the two sides reviewed the bilateral relationship with its close, traditional and historical linkages, frequent high level political contacts and economic cooperation. It was felt that the economic potential of the relationship needed to be actualized to the maximum. In this context, the possibilities of closer cooperation in the field of energy, including the status of IPI pipeline were reviewed. Mukherjee pointed out that Indian companies were keen to invest in Iran and the early conclusion of a Bilateral Investment Promotion and Protection Agreement as well as an agreement for Avoidance of Double Taxation would provide the necessary juridical basis for promoting such investment.

The two sides also discussed regional issues, including Iraq, Afghanistan, the Gulf etc.

E-Mail : newseditor@sarkaritel.com