Published: Sun, February 18, 2018
Global News | By Stacy Ballard

Agreements signed to boost economic, agricultural, development co-op

Agreements signed to boost economic, agricultural, development co-op

This is the first visit by an Iranian President in last 10 years.

India, Iran and Afghanistan signed a three-way transit agreement in 2016 to develop Chabahar port aiming to boost economic growth in the region.

President Kovind said that India and Iran are age-old friends.

Calling the arrangement unfair, Rouhani said: "Today's foreign policy is about might and power".

A joint statement issued after the talks said the two leaders welcomed the growing interaction between their National Security Councils and agreed to enhance regular and institutionalised consultations between them and others concerned on terrorism, security and related issues such as organised crime, money-laundering, drug trafficking and cyber crime.

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"We will support the construction of the Chabahar-Zahedan rail link so that Chabahar gateway's potential could be fully utilized", Modi said, as quoted by Reuters.

India and Iran signed nine important agreements in different fields including double taxation avoidance, easing visa rules and cooperation on medical sector, apart from a maritime agreement on Chabahar Port development.

Indian prime minister, for his part, described the visit as a golden opportunity for expansion of relations and cooperation between the two countries, and said the cornerstone of such relations is based on mutual trust. They stressed that terrorism can not and should not be associated with any religion, nationality or ethnic group.

Addressing a joint press event with Rouhani, Modi said the visit by the Iranian president shows how the two sides want to deepen cooperation in key areas, including connectivity.

The Iranian leader used the occasion to underscore the U.S. control over his country.

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It said both sides "endorsed UNGA consensual resolution in 2013 derived from the idea of Iran's President World Against Violence and Extremism (WAVE)" and called for combating terrorist elements and complete eradication of their supportive movements, cutting financial support to terrorist groups in particular.

India will also help Iran in running a multipurpose container terminal at the Chabahar Port for 18 months as part of a lease agreement.

During their Saturday meeting, Rouhani and Modi referred to energy and transportation sectors as the major fields of cooperation between the two sides.

Ministry of External Affairs (MEA) spokesperson Raveesh Kumar took to Twitter to inform about it.

At a time when the Islamic Republic of Iran is facing domestic issues which were depicted several protests against the Hassan Rouhani government, recently witnessed in Tehran, the new deals with India comes as a fresh development.

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Earlier, Rouhani was given a ceremonial welcome at Rashtrapati Bhavan.

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