Iran, India sign 15 agreements

February 17, 2018

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Iran, India transport deals finalized during Hassan Rouhani's visit to New Delhi:
1. $800 million Indian investment on development of Chabahar-Zahedan rail
2. Joint production of locomotives
3. Rail production in Esfahan Steel Company
4. Chabahar Port management

According to Trade Promotion Organization of Iran, with regard to non-oil trade between Iran and India, commercial exchanges have been bouncing back after they reached the lowest level of $3.93 billion in the fiscal 2011-12.

Iran's exports to India have been on a relatively steady trend with a slight uptrend since March 2013-14 when they reached their lowest level of $2.41 billion.

As for Iran's imports, they have been on a downtrend since March 2013-14 when they stood at their highest level of $4.28 billion.

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