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India, Iran to hold talks on eco-cooperation
Published on 7 Jul. 2010 11:30 PM IST
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India and Iran will hold two days of talks on expanding bilateral economic cooperation, beginning here Thursday. The talks will be held under aegis of the India-Iran Joint Commission, the ministry of external affairs (MEA) said. It will be chaired by the External Affairs Minister S.M. Krishna and the Iranian Minister for Economic affairs and Finance, Seyed Shamseddin Hosseini.
Foreign Secretary Nirupama Rao earlier this week said the Joint Commission meeting would provide fresh momentum to bilateral relations, especially the long-pending dialogue on energy and trade corridors in Central Asia and greater cooperation and information sharing on counter-terrorism.
The Commission meeting is taking place just three days after Rao voiced concern over the “unilateral sanctions” imposed by individual countries against Iran and said these could have “a direct and adverse impact” on Indian companies and the country’s energy security.
Several Indian companies like ONGC Videsh and Petronet LNG have been doing business in Iran.
Also, India is interested in using Iran as a transit point for accessing the major markets of Central Asia.

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