Union Minister Suresh Prabhu proposes to double bilateral trade with Iran in next five years

A- A A+

Last Updated : Jan 19 2019 8:25PM Screen Reader Access

News Highlights

PM Modi inaugurates National Museum of Indian Cinema Women to get 20% jobs in Military Police, says Defence Minister Nirmala Sitharaman EAM Sushma Swaraj says terrorism is most serious challenge towards international peace, security PM Modi lays foundation stone of Medical College in Silvassa Indian Challenge ends at Malaysia Masters as Saina Nehwal loses to Carolina Marin of Spain in semifinal

National News

Sep 08, 2018

9:53AM

Union Minister Suresh Prabhu proposes to double bilateral trade with Iran in next five years

@sureshpprabhu

Commerce and Industry Minister Suresh Prabhu has proposed to double bilateral trade with Iran in the next five years from the current level of 13.8 billion dollars.

Official sources said, ways to boost trade and investment between the two countries were discussed during a meeting between Mr Prabhu and Iranian Minister of Road and Urban Development Abbas Ahmad Akhoundi in New Delhi yesterday.

After the meeting, Mr Prabhu tweeted, their discussions were centered on expanding bilateral ties between India and Iran beyond the energy and security sector.

The meeting assumes significance as the US has imposed sanctions on the Persian Gulf country.