Prime Minister Narendra Modi was today accorded a ceremonial welcome as he met Iranian President Hassan Rouhani for talks to deepen trade, investment and energy ties.

Modi, the first Prime Minister to visit Iran on a bilateral visit in 15 years, was received by Iranian President Hassan Rouhani on the forecourts of Saadabad Palace — the seat of the executive in Iran.

Military bands played national anthems of the two countries after which Modi inspected guard of honour.

Following this, the two leaders had a 30-minute restricted meeting to discuss bilateral issues of strategic and business importance.

Delegation-level talks followed it, leading to the signing of agreements on the development of Chahabar port on the southern coast of Iran, setting up of an aluminium smelter plant and rail line.