18.03.2012 - 11:48 [ The Hindu Business Line ]

India, Iran set up $25-b trade target for next 4 years

Amidst problems of settling bills, India and Iran have set a bilateral trade target of $25 billion within the next four years. At present, the two-way trade between the countries stands at $15 billion, Joint Secretary in the Commerce Ministry, Mr Arvind Mehta, said.