Azerbaijan, Baku, May 7/ Trend M. Moezzi /
Representatives from Iran and India have agreed to iron out problems with customs, taxes and tariffs as the two countries expand their trade and economic partnerships.
A 50-person trade delegation from Iran met in New Delhi today with representatives from the Federation of Indian Export Organisations (FIEO), the Islamic Republic News Agency (IRNA) reported.
Iran's delegation is led by Yahya Ale-Eshaq, the head of the Tehran Chamber of Commerce and Industries and Mines (TCCIM). Ale-Eshaq said Iran is ready to cooperate with India in projects involving oil, gas, petrochemical, food, medical equipment, pharmaceuticals and joint investments.
Ale-Eshaq's Indian counterpart said he hoped trade between the two countries will exceed $25 billion.
The Iranian delegation will meet with India's industry and commerce representatives.