FICCI has welcomed the nuclear deal between Iran and the global powers as a precursor to the easing of sanctions on Iran and its return to the mainstream global economy.
"We will, in time, see an increase in exports of Iranian crude oil to India and the world and India-Iran trade scaling newer heights," said Dr Jyotsna Suri, President, FICCI.
"This nuclear agreement also has the potential to revive the long- pending gas pipeline projects from Iran to India. We hope Iran is able to expedite the recovery of its crude export capacity following the easing of sanctions and continue its valuable contribution to the fulfilment of India's energy needs," Suri added.
