Most of India’s pending issues with Iran, especially those relating to payment for import of Iranian oil, have been resolved, Finance Minister Arun Jaitley has said.
“There were several pending issues with Iran, particularly relating to the oil payment. Most of them have been resolved,” he told reporters on Saturday following a meeting here with Iranian Finance Minister Masoud Karbasian.
Jaitley, who is on a week-long visit to the US, led the Indian delegation to the annual meetings of the International Monetary Fund and the World Bank, as well as associated meetings.
Jaitley also said that India, which continued to import Iranian oil even during the sanctions regime on Iran imposed by the West, has a very stable relationship with the Persian Gulf nation.
“It’s very strategic for us, because the Chabahar port is not only going to service Iran, but also going to service Afghanistan,” he said.