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CBI official arrives in India to discuss economic, banking relations

9 Dec 2013 - 16:27

TEHRAN (FNA)- Deputy Governor of the Central Bank of Iran (CBI) for Foreign Exchange Gholam Ali Kamyab arrived in New Delhi on Monday to confer with senior Indian officials on possible ways to bolster mutual economic and banking cooperation between the two states.

Kamyab will discuss the economic, insurance and banking issues as well as oil relations with Indian ministers of trade and finance as well as banking and insurance officials.

Meeting with India’s state banks’ officials and holding talks with that country’s economic authorities on finding ways for the further expansion of trade and economic relations between the two countries are among itinerary of the CBI deputy governor.

The Iranian economic delegation will discuss the issues related to expansion of Iran-India relations in trade, monetary and banking fields with the Indian officials during its four-day visit to New Delhi.

Iran and India which have deep historical and cultural relations are now seeking to further expand political and economic ties.

India, the world's fourth-largest petroleum consumer, is Iran's second largest oil customer after China and purchases around $12bln worth of Iranian crude every year, about 12 percent of its consumption.

India and Iran have been holding discussions at regular intervals on issues related to economic cooperation under the joint commission mechanism, which was established in July 1983.

By Fars News Agency 


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Story Code: 70320

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