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India, Iran discuss bilateral relations

IANS  |  New Delhi 

and discussed key bilateral issues during a meeting between and Iranian Javad here on Wednesday.

"Held wide ranging discussion on important bilateral issues and shared perspectives on the regional situation," tweeted following the meeting.

is a major supplier of to which had been jeopardised after put fresh sanctions on

The US pulled out of the Joint Comprehensive Plan of Action (JCPOA) that signed with the five permanent members (P5) of the UN Security Council, and the and imposed the new sanctions on over its alleged nuclear programme. This sparked concerns in

However, had temporarily exempted from its sanctions on imports and development of the on the southeastern coast of Iran.

The port is being jointly developed by India, Iran and is investing $500 million to develop it and a road link from there to to give access to that country, bypassing

The port is also a key link in the International North South Transport Corridor, a 7,200 of ship, rail and road routes to move freight between India, Iran, Afghanistan, Armenia, Azerbaijan, Russia, and

--IANS

ab/soni/bg

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, January 09 2019. 16:46 IST
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