India has said that it is working out an arrangement to expedite payments to Iran for the imported oil and oil products. An official statement said that Finance Minister Pranab Mukherjee has assured his Iranian counterpart that India would like to make the payment due to Iran as expeditiously as possible especially on account of oil and oil products. The payments to Iran are being delayed due to the tedious process involved in certification of the oil bought, after the Reserve Bank of India stopped the use of a long-standing clearing mechanism for paying the Islamic Republic. Mukherjee in a meeting with Iran's Minister of Economic Affairs and Finance Seyyed Shamseddin Hooseini said India is working out an arrangement through German central bank Deutsche Bundesbank to expedite payment to Iran.