The Union Cabinet chaired by Prime Minister Shri Narendra Modi has given its ex post facto approval to the Memorandum of Understanding (MoU) between India and Iran on the establishment of an expert group on trade remedy measures to promote cooperation in areas of mutual interest. The MoU was signed on 17^thFebruary, 2018 during the visit of the President of Iran.

The MoU will promote cooperation between the two countries in area of trade remedies such as exchange of information, capacity building activities, cooperation in investigations related to anti-dumping and countervailing duty, etc.