Business Standard

PM Modi to undertake two-day visit to Iran

Iran is situated in India's extended neighbourhood and the two countries have significant overlap in their economic and security space

 Shutterstock

<b> Shutterstock <b>

ANI New Delhi

Narendra Modi's two-day visit to Iran from May 22 to 23, is expected to provide a timely thrust to the ongoing efforts of the two countries and their business entities to expand bilateral cooperation and mutually benefit from new opportunities in the wake of lifting of secondary sanctions against Iran earlier this year.

The Prime Minister is visiting Tehran at the invitation of that country's President, Dr. Hassan Rouhani. During his visit, the Prime Minister will call on the Supreme Leader of Iran and will hold talks on a wide range of subjects of mutual interest with President Dr. Rouhani.

 

According to a Ministry of External Affairs release, India and Iran share longstanding civilisational ties. Iran is situated in India's extended neighbourhood and the two countries have significant overlap in their economic and security space.

The visit of Prime Minister to Iran will seek to build on these commonalities by focussing on specific cooperation in regional connectivity and infrastructure, developing energy partnership, boosting bilateral trade, facilitating people-to-people interaction in various spheres and promoting peace and stability in the region.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 17 2016 | 1:10 PM IST

Explore News