Iranian president pledges to stick to nuclear deal commitments

Iran President Hassan Rouhani | AP

Rouhani also described strengthening the two countries' cooperation on regional and global issues, and said "strengthening cooperation between Iran and India on regional issues can contribute to stability and security of the region".

Iran and India signed 14 memorandums of understanding (MOUs) on the sidelines of a meeting between Iran's President Hassan Rouhani and Indian Prime Minister Narendra Modi Feb. 17, Iran's state-run IRINN TV reported.

Appreciating each other in their contribution to developing the strategically-relevant Chabahar Port, two countries inked nine pacts including one on double taxation avoidance.

He was officially received by Indian Prime Minister Narendra Moodi and President Ram Nath Kovind in India's presidential palace.

Modi and Rouhani witnessed exchange of seven other pacts after they met at Hyderabad House in New Delhi.

The statement said both sides reiterated their commitment to International North- South Transport Corridor (INSTC) and stressed on the need for inclusion of Chabahar within its framework. Rouhani is on three-day-long visit to India.

On India-Iran ties Modi said,"I travelled to Tehran in 2016 and now when you come here now, it deepens and strengthens our relationships".

The port's strategic importance for India grew further after Pakistan handed over the control of its Gwadar Port to China.

However, local Indian media have reported frustrations over delays in awarding a contract to develop a major gas field known as Farzad B in the Gulf.


Rouhani, calling India-Iran ties historic, thanked Modi for his hospitality.

The port in the Sistan-Balochistan province on the energy-rich nation's southern coast is easily accessible from India's western coast and is increasingly seen as a counter to Pakistan's Gwadar Port, which is being developed with Chinese investment and is located at distance of around 80 km from Chabahar.

"We will support the construction of the Chabahar-Zahedan rail link so that Chabahar gateway's potential could be fully utilized", Modi said.

Modi and Rouhani will hold delegation-level talks later in the day following which a number of agreements are expected to be signed'.

New Delhi has allowed investment in Indian rupees in Iran.

On his turn, Rouhani said, "We are determined to combat terrorism and extremism".

Regional conflicts must be resolved through diplomacy and political initiatives, Rouhani said. But now Iran and Russian Federation seemingly have differences with India with the former perceiving the Islamic State as the bigger threat in Afghanistan than the Taliban.

The Iranian leader also stated, "Iran is a country which is rich in oil, gas, and energy".

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