The signing ceremony was held in the presence of Iran’s President Hassan Rouhani and visiting Indian Prime Minister Narendra Modi.
Modi, heading a high-ranking delegation, arrived in Tehran on Sunday and was officially welcomed by President Rouhani on Monday morning.
Also, Afghan President Ashraf Ghani arrived in the Iranian capital on Monday morning to sign a trilateral [Iran, Afghanistan and India] agreement regarding the Chabahar port.
Rouhani said that good relations between Iran and India can benefit both nations and the entire region. He made the remarks at a joint news conference with Modi.
“Today, the two sides are determined to enhance bilateral relations from merely trade ties into comprehensive economic ones,” said Rouhani.