Iran seeks to expand cooperation with India to boost trade turnover

Economy Materials 6 August 2026 12:43 (UTC +04:00)
Iran seeks to expand cooperation with India to boost trade turnover
Elnur Baghishov
Elnur Baghishov
Read more

BAKU, Azerbaijan, August 6. Iran wants to expand cooperation with India to increase bilateral trade turnover, an Iranian official said.

Iranian Deputy Industry, Mining and Trade Minister for Trade Affairs Mohammad Sadegh Mofatteh made the remarks during a meeting with India's Deputy Commerce Minister Rajesh Agrawal, according to Iran's Ministry of Industry, Mining and Trade.

Mofatteh said the Iranian and Indian markets have suitable infrastructure for expanding trade and that closer cooperation between the two countries is important for increasing bilateral commerce.

"The Indian market is suitable for agricultural, industrial, mining, electricity and construction products. Holding special events in India could effectively contribute to the development of cooperation," he said.

The Iranian deputy minister said organizing Iranian exhibitions in four major Indian cities could help increase Iran's exports to India and diversify the range of exported products.

Mofatteh also said that obtaining approval or a license from Indian authorities for launching a direct air route between Iran's Mashhad and India's Hyderabad could be important.

"Iranian airlines currently operate flights to India only to New Delhi and Mumbai. The launch of a direct Mashhad-Hyderabad route could help attract tourists, boost trade ties between Hyderabad and Iran's northeastern provinces, including North Khorasan, Razavi Khorasan and South Khorasan, and contribute to increasing trade turnover," he said.

Tags:

Try Trend Premium for 1$
Latest

Latest