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The 16th Session of the India-Iran Joint Commission was held in New Delhi on July 8-9, 2010. The Session was co-chaired on the Iranian side by H.E. Dr. Seyed Shamseddin Hosseini, Minister of Economic Affairs and Finance, Islamic Republic of Iran and on the Indian side by External Affairs Minister Shri S.M. Krishna. The meeting of the Joint Commission provided an opportunity to review bilateral economic and cultural cooperation. It was agreed that the next Session of the Joint Commission would be held in Tehran.

The following MoUs/Agreements were signed during the Joint Commission Meeting:

1. Air Services Agreement;
2. Agreement on Transfer of Sentenced Persons;
3. MoU on Cooperation in New & Renewable Energy;
4. MoU on Cooperation in Small Scale Industry between National Small Industries Corporation (NSIC) and Iranian Small Industries and Industrial Parks Organisation (ISIPO);
5. Programme of Cooperation on Science & Technology and

6. MoU on Cooperation between Central Pulp and Paper Research Institute of India (CPPRI) and Gorgan University of Agricultural Science and Natural Resources (GUASNR)

During his visit, Dr. Seyed Shamseddin Hosseini called on Prime Minister Dr. Manmohan Singh. He also met Shri Pranab Mukherjee, Minister of Finance and Shri Shivshankar Menon, National Security Advisor, and inaugurated a business seminar organized by FICCI on ‘Investment Opportunities in Iran’. The business delegation accompanying Dr. Hosseini also held meetings with ASSOCHAM and CII.