On state visit to India, Iranian President to meet PM Modi today
He will also make a courtesy call on President Ram Nath Kovind.
Both President Rouhani and Prime Minister Modi are expected to hold talks on a host of issues including trade, security and connectivity and most of all about the strategically-important Chabahar port.
Apart from meetings with PM Modi and other Indian leaders, the Iranian leader is also scheduled to deliver a special address at the Observer Research Foundation today.
Under an agreement, India is to invest $85 million for equipping Chabahar port in south-east Iran.
Given that India is the second-biggest importer of Iranian crude oil, cooperation on oil and natural gas resources will be on the agenda.
India has also expressed interest in the Farzad-B gas field and the discussions are ongoing according to sources.
Whats all the more crucial is that Iran and India have already operationalized a mechanism under which Indian businessmen can invest in projects in Iran in Indian rupees, the sources said. >