financetom
News
financetom
/
News
/
PM Modi meets Iranian President Ebrahim Raisi on sidelines of SCO Summit
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
PM Modi meets Iranian President Ebrahim Raisi on sidelines of SCO Summit
Sep 16, 2022 12:18 PM

Prime Minister Narendra Modi on Friday met Iranian President Ebrahim Raisi on the sidelines of the Shanghai Cooperation Organisation (SCO) Summit in Samarkand and the two leaders discussed issues of bilateral and mutual interests. The two leaders are in the Uzbek city of Samarkand to attend the 22nd SCO summit.

Iran has been a key country for India in the Gulf region. The two sides have been jointly focusing on improving connectivity between South East Asia and Central Asia.

India has been projecting Iran's Chabahar Port as a key regional transit hub including Afghanistan. Located in the Sistan-Balochistan province on the energy-rich Iran's southern coast, the Chabahar port is being developed by India, Iran and Afghanistan to boost connectivity and trade ties.

India has been in touch with Iran over the developments in Afghanistan as well following its takeover by the Taliban on August 15 last year. Earlier this month, External Affairs Minister S Jaishankar held a telephonic conversation with his Iranian counterpart Hossein Amir-Abdollahian, focusing on bilateral cooperation, and the Iran nuclear deal. The Joint Comprehensive Plan of Action (JCPOA), commonly known as the Iran nuclear deal, was finalised in 2015 between Tehran and several world powers including the European Union.

It was aimed at curbing Iran's nuclear ambitions. The US had withdrawn from the deal in May 2018 and reimposed sanctions on Iran. There have been fresh efforts now to restore the deal.

Also Read: PM Modi tells Russian President Putin 'now is not an era of war'

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
US economy adds more jobs than expected in March
US economy adds more jobs than expected in March
Apr 5, 2024
The US government released the payrolls report for March, which revealed the addition of 303 thousand new jobs to the work force last month, above estimates of 212 thousand, and up from 270 thousand in the previous reading. ...
Brent Crude Prices Hit $90 as Geopolitical Tensions Flare up
Brent Crude Prices Hit $90 as Geopolitical Tensions Flare up
Apr 5, 2024
Oil (Brent, WTI) News and Analysis OPEC sticks to Q2 supply agreement as US Cushing storage declines – oil bidBrent, WTI find momentary resistance but the bullish posture remains intactFind out what our analysts envision for the oil market in the second quarter by reading out full Q2 oil forecast: Recommended by Richard Snow Get Your Free Oil Forecast OPEC...
Yen rallies to two-week highs under scrutiny by Japanese authorities
Yen rallies to two-week highs under scrutiny by Japanese authorities
Apr 5, 2024
Yen rose in Asian trade on Friday against a basket of major rivals, extending gains for the second straight day against the US dollar and hitting a two-week high amid warnings from Japanese authorities about the weak state of the local currency. Yen gained ground on haven demand today amid concerns about worsening geopolitical tensions and the spread of conflict...
EUR/USD and Oil – Awaiting Fibonacci Resistance Breakout for Bullish Continuation
EUR/USD and Oil – Awaiting Fibonacci Resistance Breakout for Bullish Continuation
Apr 4, 2024
Most Read: US Jobs Report Preview: Market Impact Analysis; Setups on USD/JPY, Gold Prices Breakout trading is a popular strategy that seeks to profit from sudden, powerful price movements that breach established price ranges. Traders watch for assets consolidating within a well-defined range, often signaled by chart patterns like triangles or channels. When the price of the underlying bursts out...
Copyright 2023-2026 - www.financetom.com All Rights Reserved