PM Modi meets Iran's Pezeshkian at SCO; discusses West Asia war, trade expansion
PM Modi’s post on diversifying and expanding trade with Iran comes a week after the US Treasury Department announced new sanctions targeting Iran’s economy.
Prime Minister Narendra Modi met with Iranian President Masoud Pezeshkian on Monday during the Shanghai Cooperation Organisation (SCO) summit in Bishkek, Kyrgyzstan, to discuss the ongoing war in West Asia and explore ways to expand trade relations. Modi expressed concern over the escalating tensions in the region and reiterated India's stance that all issues should be resolved through dialogue and diplomacy.
Both leaders emphasized the importance of ensuring freedom of navigation and protecting civilians and civilian infrastructure. They also reviewed the state of bilateral relations, particularly in the context of trade and the development of Iran's Chabahar port, which faces challenges due to US sanctions. Pezeshkian appreciated India's support and cooperation during the Iran-US conflict and stressed the need to intensify diplomatic efforts to establish peace and security in West Asia.
India and Iran have had to navigate a delicate balance between maintaining their historic ties while expressing solidarity with Gulf Arab states affected by the conflict. The two leaders discussed collaboration in various sectors, including transportation, maritime affairs, and cooperation at the Chabahar port. Both parties expressed a willingness to deepen their bilateral relations, neutralize the effects of sanctions, and expand their cooperation in diverse areas of mutual interest.
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