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Iran keen to sell more crude oil to India

Iran keen to sell more crude oil to India

Iran on December 4 sought India the resolution of payment issues over sale of crude oil. Iran is keen to sell more crude oil to India and promote trade between the two nations, said Iran’s Industry Minister Mohammad Reza Nematzadeh in Bali at the ongoing WTO Ministerial Conference.

He said that he spoke to the Indian Commerce Minister Anand Sharma mainly on economic issues, Due to banking problems, the volume of trade had declined, the Iran Minister said and hoped the RBI will solve the problems as trade without banking relations will not grow.

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