India Takes Steps to Boost Trade With Iran

India is taking steps to boost exports to Iran as New Delhi tries to fix a trade imbalance with the sanctions-hit country.  India has slashed its oil imports from Tehran, but remains Iran’s second-largest customer for crude.   

India’s government is now allowing traders to sell imports from third countries to Tehran if they can add at least 15 percent value to the products.  India has been searching for ways to increase exports to Iran.

In a bid to overcome problems …

Powered by WPeMatico

This entry was posted in African News. Bookmark the permalink.

Comments are closed.