News ID: 264459
Published: 1223 GMT January 17, 2020

Zarif: Iranian bank to open branch in India

Zarif: Iranian bank to open branch in India

Iranian Foreign Minister Mohammad Javad Zarif said Bank Pasargad plans to open a branch in India to facilitate bilateral trade between the Iran and the South Asian country.

“We had a good meeting with the prime minister of India and they had a positive view on Iran-India relations,” Zarif said on Friday, reported Tasnim News Agency.

“We also had a working breakfast with the (Indian) foreign minister today,” he said, adding that according to the two countries’ merchants, the most important problem is the exchange of money and the purchase of oil from Iran.

“There are different ways to solve the problem of money exchange, such as a barter (system) and (using) national currencies,” the top diplomat added.

Zarif further said Bank Pasargad plans to open a branch in India in a bid to facilitate bilateral trade between the two countries.

Zarif arrived in Mumbai after taking part in the 5th Raisina Dialogue in New Delhi and meeting senior international officials on the sidelines of the event.

In a speech in Mumbai on Thursday, he described relations between Tehran and New Delhi as deep-rooted.

Earlier on Thursday, Zarif met with his Australian counterpart, Marise Payne, prior to leaving New Delhi for Mumbai.

Zarif in New Delhi met some Indian officials, including Prime Minister Narendra Modi, National Security Advisor Ajit Doval, and his counterpart, Subrahmanyam Jaishankar.

   
KeyWords
 
Comments
Comment
Name:
Email:
Comment:
Security Key:
Captcha refresh
Page Generated in 0/2247 sec