| Date: |
22-10-2011 |
| Subject: |
Iran Accounts For 20% of Indi’s Oil Imports |
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TEHRAN -- Indian Water Resources Minister Pawan Kumar Bansal said Iran supplies about 20 percent of India’s oil imports.
Bansal made the remarks in a meeting with Iran's Energy Minister Majid Namjou, here on Thursday.
The Indian Water Resources Minister represented India at the International Congress on Irrigation and Drainage in Tehran.
He pointed to the historic ties between the two countries, saying that India has no limitation in its desire to expand collaborations with the Islamic Republic, IRNA reported.
The Indian official urged for the enhancement of bilateral cooperation in various fields of energy.
He pointed to Iran's high stature in the world in building dam and related installations and said Iranian companies can invest in different fields related to water, road building and establishing ports, citing India's plan to expand its economic infrastructures with an investment equivalent to USD 500 billion.
Bansal stressed that India and Iran have a strong cultural affinity embedded deep in our history and there is great potential for cooperation in irrigation and water resources sector also.
Source : tehrantimes.com
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