The debts are arising of US-led sanctions which barred money transfers to Iran which are planned to be lifted in coming days in the wake of the nuclear accord with the world powers.
“With the closing of (nuclear) PMD case, there is no longer any impediment on the way of increasing relations between Iran and India,” Zarif said, adding that New Delhi can cooperate with Tehran in development of Chah Bahar Port as well as other economic, trade, and banking activities.
“India plans to purchase 2 more million barrels of oil in the near future,” Qamsari said earlier.
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