Friday, 17 January, 2020

Iran can be a reliable partner for India’s energy needs, Rouhani says

Iranian President Hassan Rouhani assured Indian External Affairs Minister Sushma Swaraj that his country can be a “reliable partner” for India’s energy needs, as the two nations decided to significantly expand engagements in their overall ties, particularly in oil and gas sectors.

Sushma Swaraj, who arrived in Tehran on Saturday, called on Rouhani and held talks with her Iranian counterpart Javad Zarif, besides meeting with Supreme Leader Ali Khamenei’s Advisor Ali Akbar Velayati and deliberated on a range of issues.

“Iran can be a reliable partner for India’s energy needs,” Rouhani told Swaraj.

India has been eying deeper energy ties with Iran following lifting of nuclear sanctions and has already lined up USD 20 billion as investment in oil and gas as well as in petrochemical and fertiliser sectors there.

India is also keen to increase oil imports from Iran from current 350,000 barrels a day.

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Pres. Rouhani held a meeting with visiting Foreign Minister of India, Sushma Swaraj, in Tehran on Sunday (Photo Credit: Arash Khamooshi, Isna) 

Rouhani spoke of Chahbahar port as a “defining partnership which has the potential of connecting the entire region”, Ministry of External Affairs Spokesperson Vikas Swarup told PTI.

Enhancing energy cooperation and development of the Chabahar port were the centerpiece of talks which was mostly dominated by economic issues.

Rouhani, whose country shares border with Afghanistan and Pakistan, also hoped for closer consultations with India on regional issues especially Afghanistan and the challenge of terrorism.

On her part, Swaraj briefed him on her discussions with Zarif and said that India has always considered Iran as part of its extended neighbourhood, the spokesperson said.

She apprised him about India’s keenness in enhancing investment in various sectors including oil and gas in Iran.

“Given our natural complementarities we should move beyond a buyer seller relationship to a win win partnership,” Swaraj told the Iranian president.

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Pres. Rouhani held a meeting with visiting Foreign Minister of India, Sushma Swaraj, in Tehran on Sunday (Photo Credit: Arash Khamooshi, Isna) 

Rouhani recalled his meeting with Prime Minister Narendra Modi in Ufa, Russia, and asked the minister to convey his regards to him, the spokesperson said.

The president also called for intensified engagement with India in academic, scientific and technological fields.

“India and Iran have had very rich cultural ties through history and this could pave the way for enhanced partnership in tourism and people-to-people ties,” he told Swaraj.

Earlier, during her talks with Zarif, the two sides agreed that pending agreements such as Preferential Trade Agreement, Double Taxation Avoidance Agreement and Bilateral Investment Treaty should be concluded on a priority basis to spur trade and investment.

“The talks were very successful and would give new energy to our centuries old ties with Iran. In particular, the economic partnership will get considerable fillip as a result of today’s forward looking talks,” Swarup said.

The Economic Times

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