{"id":11232,"date":"2024-07-08T04:11:07","date_gmt":"2024-07-08T04:11:07","guid":{"rendered":"https:\/\/roydadnaft.ir\/English\/?p=11232"},"modified":"2024-07-08T04:11:07","modified_gmt":"2024-07-08T04:11:07","slug":"irans-trade-with-india-could-hit-16b-envoy","status":"publish","type":"post","link":"https:\/\/roydadnaft.ir\/English\/11232\/","title":{"rendered":"Iran\u2019s trade with India could hit $16b: envoy"},"content":{"rendered":"<div class=\"entry-content\" itemprop=\"description\"><p><span class=\"pre-content-text\"><a style=\"color: #0038a8;\" href=\"https:\/\/roydadnaft.ir\/English\/\">RoydadNaft &#8211; <\/a><\/span>\u00a0Indian Ambassador to Iran Rudra Gaurav Shresth says that if the Iranian economy was not under the pressure of sanctions, the volume of trade between the two countries could reach $16 billion while it is now as low as $2 billion.<\/p>\n<p>The ambassador made the remarks during a visit to Iran Chamber of Commerce headquarters in Tehran last week when he met with a group of Iranian businesspeople.<\/p>\n<p>Speaking during the meeting, Ebrahim Jamili, the head of Iran-India Joint Chamber of Commerce, highlighted the significance of the Indian market, adding that \u201cwe are seeking to facilitate the chance for joint investment.\u201d<\/p>\n<p>He called on the central banks of the two countries to expedite the transfer of Indian rupee and Iranian rial.<\/p>\n<p>Jamili pledged that the joint chamber of commerce would do its best to remove the obstacles on the way of trade between the two countries.<\/p>\n<p>The Indian ambassador also addressed the meeting, terming the economies of Iran and India as complementary.<\/p>\n<p>India used to import some $11 billion worth of oil from Iran before the sanctions were re-imposed on Tehran in 2018, the ambassador said, while noting that there are still other items that can be used in bilateral trade between the two countries.<\/p>\n<p>If the Iranian economy was not under the pressure of sanctions, the volume of trade between Iran and India could rise to $16 billion from the present $2 billion, he stressed.<\/p>\n<p>The ambassador urged the need for Iran and India to focus on non-sanctioned items, including agricultural, pharmaceutical, and food items.<\/p>\n<div class=\"post-date no-social-btn post-updated\">Updated on<time class=\"updated dt-updated\" itemprop=\"dateModified\" datetime=\"2024-07-08T04:11:07+00:00\"> 8 July 2024<\/time><\/div><\/div>","protected":false},"excerpt":{"rendered":"Indian Ambassador to Iran Rudra Gaurav Shresth says that if the Iranian economy was not under the pressure of sanctions, the volume of trade between the two countries could reach $16 billion while it is now as low as $2 billion.","protected":false},"author":1,"featured_media":11233,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[47,17,18,22,36],"tags":[],"services":[],"class_list":["post-11232","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","category-economy","category-headline","category-iran","category-lastnews"],"_links":{"self":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts\/11232","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/comments?post=11232"}],"version-history":[{"count":0,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts\/11232\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/media\/11233"}],"wp:attachment":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/media?parent=11232"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/categories?post=11232"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/tags?post=11232"},{"taxonomy":"services","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/services?post=11232"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}