'Iran is ready to establish ties in economic field with India': Iran's Minister of Petroleum
New Delhi, June 25
Mohsen Paknejad, Minister of Petroleum of Iran arrived in Delhi for meetings related to energy cooperation among BRICS member states.
Upon his visit on Wednesday, Paknejad said that Iran is ready to have relations in economic fields with India.
"As you know, we have had historical relations between Iran and India for a long time, for centuries, as you know. And at the time being, I'm here for taking part in this session, BRICS, Energy Ministers for the members of BRICS. And I will see what we talk about in these sessions, bilateral sessions and totally in the conference. And we are now ready for all the relations we can have in economic fields with India, especially in India," he said.
"After that I can comment to you about in this regard and the issues that we have talked about. And about the sanctions as you know we have a kind of waiver for 60 days and we are going on based on some issues that we have had agreed with Americans in this regard about the sanctions," he added.
During his visit, he is scheduled to hold talks with Indian officials and representatives of the country's energy sector. Expanding bilateral cooperation in the oil and gas sector, exploring investment opportunities, and exchanging views on the latest developments in the global energy market are among the main topics on the agenda.
Earlier, Ghadir Nezamipour, Deputy Secretary of the Supreme National Security Council of Iran held talks with Prime Minister Narendra Modi.
In a post on X, Iranian Embassy in India said, "His Excellency Dr. Ghadir Nezamipour, Deputy Secretary of the Supreme National Security Council of the Islamic Republic of Iran, met with Shri Narendra Modi, Prime Minister of India, on Tuesday evening in New Delhi following the conclusion of the Meeting of Heads of Security Agencies and National Security Advisers of the BRICS member states."
— ANI
Reader Comments
Finally some pragmatism! India needs diversified energy sources and Iran is a natural partner. The historical ties go back centuries - from trade routes to cultural exchanges. Let's not let external pressures dictate our foreign policy. Eager to see concrete outcomes from this BRICS meet.
This is a smart move for India. Iran has massive oil and gas reserves, and with Russia's energy shifting east, we need reliable partners. Hope Modi ji's government works out a long-term pricing agreement. The 60-day waiver is a stopgap, we need something more permanent. 🤞
While I support diversifying energy sources, we must be mindful of human rights issues in Iran. Also, the sanctions risk could hurt Indian banks and companies. Let's not be naive - we should engage but with clear safeguards. Economic cooperation shouldn't mean overlooking other concerns.
Exactly what India needs! With rising crude prices and our dependence on Middle East oil, Iran is a logical partner. The BRICS platform is perfect for such discussions. Hope we also discuss the INSTC - that route through Iran to Central Asia and Russia is gold for Indian trade! 🚂
Interesting timing with the US election looming. Iran probably wants to lock in deals before any policy shifts. For India, it's a great negotiating position - we can play both sides. Pragmatic foreign policy at its finest. 🇮🇳
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