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FFFAI Discusses Current Issues and India-Iran Trade Opportunities

New Delhi:

Port Wings News Network:

Hosted by Noida Custom Broker s Association, Federation of Freight Forwarders’ Associations in India (FFFAI) had its 9th Executive Committee Meeting on February 8 and 9 at Pride Plaza Hotel in New Delhi. At this meeting a number of issues were discussed including recently announced National Cargo Policy, Draft Logistics Policy, recent changes in GST and trade opportunities between India and Iran.

The EC meeting was addressed by office bearers of FFFAI including Immediate Past Chairman Mr Samir Shah, Chairman Mr S Ramakrishna, Chairman-elect Mr AV Vijaykumar, Honorary Secretary Mr Amit Kamat, Treasurer Mr Vinod Sharma and Vice Chairmen Mr PS Atree, Mr Rajesh Verma and Mr Shashidhar V. Hebbar. At this meeting Mr Adil Khan, has also been elected unopposed as the 6th Vice Chairman of FFFAI.

The 9th EC Meeting also had two special sessions on Trade Opportunities in Iran and GST related issues & compliances. The sessions were addressed by Mr Asghar Omidi, Counsellor, Economic Section, Embassy of Iran; Mr Kapil Kumar Sharma, Partner, Lakshmikumaran & Sridharan and Mr Joshua Ebenezer, Director, Lakshmikumaran & Sridharan respectively.

Speaking on this occasion Mr Omidi emphasized on the strategic location and important role of Chabahar Port in Iran to script the success of Indo-Iran trade relationship, which has already been enjoying rich heritage of cultural and people to people relationship between the two countries. He pointed out that presently India is Iran’s 6th trade partner with $ 13.10bn trade, and with support from Indian logistics stakeholders the bi-lateral trade can be increased in manifold. “The India-Iran bi-lateral trade can easily reach to at least $20bn in the near future,” he said. Mr Omidi also invited Indian Freight Forwarders and Logistics companies to visit Iran to witness infrastructure facilities including Chabahar Port and explore business opportunities. Facilities at Chabahar Port are being developed in association with Government of India and Indian expertise and the first phase of the port is operational now.

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