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3.7. Key areas to Work on
♤ UAE also has the large sovereign wealth fund that India IS looking for investments. There is an agreement that UAE will invest nearly $75 billion in India over the next few years
♤ Thus, connectivity, commerce, culture, and energy are key pillars of India Iran relation in the current context.
♤ President Mohammad Khatami visited India from January 24-28, 2003 as the Chief Guest at the Republic Day parade. Both sides signed “The New Delhi Declaration” which set forth the vision of strategic partnership between India and Iran.
♤ Chabahar Port was inaugurated by the President of the Islamic Republic of Iran H.E. Mr Hassan Rouhani on December 3 in the presence of Ministers from India, Afghanistan and the region.
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