18 June 2017 - 14:42

Iran, India Discuss Necessity of Facilitating Use of Credit Lines

Iranian Minister of Economy Ali Tayyebnia and his Indian counterpart Arun Jaitley stressed the necessity of facilitating the use of credit lines between the two countries.
News ID : 71214
دفاع طیب‌نیا از واگذاری مجتمع المهدی به بخش خصوصی

Tayyebnia, who attended the summit of Asian Infrastructure Investment Bank (AIIB) in Seoul, discussed issues of mutual interests with Jaitley during a meeting.



The two sides agreed on the necessity of accelerating the use of credit lines for implementation of joint projects and it was decided for these resources to be used for construction and completion of railway between Chabahar, Zahedan and Mashhad.



Given the interests of the both countries to develop Chabahar Port, India was obliged to allocate some financial resources in order that the existing obstacles for the presence of private sector of the two countries in the port to be removed.



Tayyebnia also discussed about an agreement on continued bilateral cooperation in the context of transferring Iran’s money and at the end he invited his Indian counterpart Arun Jaitley to pay a visit to Iran.


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