Tehran trying to boost economy with New Dehli deal
Iran's Deputy Minister of Energy for Water and Hydroelectric power stations Alireza Daemi made the remarks in a meeting between the visiting Indian trade and industry delegation and managers of Iran's water department in Tehran on Monday.
The deputy minister said that Iran is keen to cooperate with India to establish large agro-industry complexes.
Daemi said India enjoys major experience in construction of hydroelectric power stations with international technology.
The Iranian and Indian officials also exchanged views on other cooperation grounds of mutual interests.
Iran and India which have deep historical and cultural relations, currently seek to expand political and economic ties too.
India, the world's fourth-largest petroleum consumer, is Iran's second largest oil customer after China and purchases around $12 billion worth of Iranian crude every year, about 12 percent of its consumption.
- Tensions increase between Egypt, Italy over renewable energy projects
- In wake of failed coup, Turkey shuts down all Gulen-linked businesses
- Saudis, Jordanians top the list of Arab property buyers in Dubai
- Mandatory health insurance required for Dubai residents
- World Bank offers Jordan $1.4B over six years for Syria response