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India-Iran sign 12 agreements, Modi says dosti as old as history

| | May 23, 2016, at 09:10 pm
Tehran, May 23 (IBNS) India on Monday signed 12 agreements with Iran, including a pact to develop the strategic Chabahar port on the Persian Gulf nation's southern coast.

"Agreement to develop the Chahbahar port & related infrastructure & availability of about $ 500 million from India is a key milestone:," Prime Minister Narendra Modi, who is on a two-day Iran visit, tweeted.

After signing of agreements in Tehran, Iranian President Hassan Rouhani said, "Chabahar can become a very big symbol of co-operation between Iran and India."

 Modi said that India and Iran are not new friends. "Our dosti is as old as history," PM Modi said.

"The outcomes and agreements signed today open a new chapter in our strategic partnership," he added.

The PM also said that India and Iran exchanged views on the emerging regional situation and global issues of common concern.

PM Modi said India and Iran will consult each other closely and regularly on combating threats of terrorism, radicalism, drug trafficking and cyber crime.
 Earlier in the day, Modi was accorded a ceremonial welcome when he met the  Iranian President  for talks to strengthen bilateral  trade, investment and energy ties.

 Modi was received by Mr. Rouhani on the forecourts of Saadabad Palace — the seat of executive in Iran.

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