Iranian NSA pitch for trade in national currencies in his meeting with Doval

Iranian NSA Ali Shamkhani has pitched for using national currencies for trade with India including in oil during his meeting National Security Advisor Ajit Doval in Tehran on Monday.

Shamkhani said using national currencies in bilateral trade between Iran with India would help the two countries achieve their joint economic objectives, officials said.

During the meeting, Shamkhani and Doval discussed economic, political, and security issues concerning Iran and India as well as the most important regional and international developments.

Stating that improved Iran-India ties are not against any other country, the Iranian NSA underlined that global and regional developments had created very good conditions to strengthen interactions between the two countries in the field of energy, transportation and transit, technology, and banking. India in the past used national currencies for oil trade with Iran and over the last year has introduced trade with number of countries in national currencies.

Welcoming the role played by India in regional and international developments, Shamkhani highlighted that Iran considers the active participation of New Delhi in political, economic, and security initiatives with the participation of the countries of Central Asia and the Persian Gulf region as necessary and helpful.

Doval, for his part, said that the deep influence of Iranian culture in the daily life of the Indians is a sign of deep ties between the two nations.

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Doval added that the recent agreement between Iran and Saudi Arabia to normalize their diplomatic ties would have profound regional effects on changing relations in the international system.Emphasizing the need for cooperation between Iran and India to boost stability in Afghanistan, the Indian NSA said the two countries should work together to combat terrorism.

He said India considers Chabahar port, in southeastern Iran, as a gateway for increased cooperation between Iran and India. The two also discussed about boosting International North South Transport Corridor.

The Open Magazine of India by Artmotion Network (

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