Iran, India sign two memos on customs, pharmaceuticals
Iran’s Foreign Minister Abbas Araghchi and Minister of External Affairs of India Subrahmanyam Jaishankar signed two memoranda of understanding at the end of the 20th Iran-India Joint Commission Meeting at Hyderabad House in New Delhi on Thursday.
The agreements include a memorandum of understanding on customs cooperation and another on regulations related to pharmaceutical products. They also signed the minutes of the joint commission meeting, IRNA reported.
Araghchi underscored that Iran-India economic relations remain below expectations, stating that bilateral trade has fallen short of projected levels.
He said that sanctions pose significant hurdles to expanding economic collaboration and expressed hope for addressing such issues in the future.
Leading a diplomatic delegation, the Iranian foreign minister arrived in New Delhi on Wednesday to engage in discussions with senior Indian officials on matters of mutual interest, as well as regional and international developments.