Nine MoUs signed between India and Iran, boosting bilateral ties

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Photo Source: DD News

Nine Memorandums of Understanding (MoUs) was signed between India and Iran following the delegation-level talks in the presence of Prime Minister of India Narendra Modi and Iran’s President Hassan Rouhani in New Delhi.

The agreements were signed in areas like double taxation avoidance, extradition, agricultural cooperation, port lease, medicine, and others.

The MoUs exchanged between India and Iran are reflective of both sides strong relations and their commitment towards further strengthening it, said by Prime Minister Narendra Modi, in the joint statement with President Rouhani.

According to Doordarshan news, the documents that were signed include – agreement for the avoidance of double taxation and prevention of Fiscal Evasion with respect to taxes on Income, exemption from Visa requirement for holders of Diplomatic Passports, Lease Contract for Shahid Beheshti Port- Phase 1 of Chabahar for 18 months, MoU on Cooperation in the field of Traditional Systems of Medicine, MoU on the establishment of an Expert Group on Trade Remedy Measures to promote cooperation in areas of mutual interest, MoU on Cooperation in the field of Agriculture and Allied Sectors, MoU on Cooperation in the field of Health and Medicine and MoU on Postal Cooperation.

The Prime Minister also thanked the Iranian President for developing Chabahar Port.

Prime Minister Modi said India & Iran believe in peace & cooperation. He said that Iran President’s visit will help in boosting strategic ties between the two nations, as mentioned in DDnews.

Earlier in the day, Iran President Hassan Rouhani was today accorded a Ceremonial Reception at the Rashtrapati Bhawan. Speaking to the media, Iranian President recalled the age-old cultural ties between the two countries.

A MoU on cooperation in the field of traditional systems of medicine was also signed to develop and strengthen cooperation in traditional systems of medicine including regulation of teaching, practice, drugs and drugless therapies, stated in Business Standard.

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Later, President Rouhani visited the Samadhi of Mahatma Gandhi and paid tribute to the father of Nation.

(Inputs from ANI News)

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