India and Iran should come together to fill up the "power vacuum" in the region and there is "no limit" for promoting ties between the two countries at bilateral, regional and global levels, President Mahmoud Ahmadinejad has said.

"Iran and India, should bolster mutual ties, making themselves prepared for major developments worldwide and filling up the power vacuum in the region," Ahmadinejad said Tuesday during a meeting with the National Security Advisor M K Narayanan, who is currently visiting Tehran.

Iran and India can have helpful and constructive cooperation in fighting drugs and  terrorism, establishing the North-South corridor and maintaining regional security, he said, adding "there is no limit for promoting Tehran-New Delhi ties on bilateral, regional and global levels."

He insisted on Iran-Pakistan-India cooperation on gas transfer, saying: "The Islamic Republic of Iran insists the gas pipeline be laid among the three countries as this will be to the benefit of whole regional nations."

"Iran's approach to relations with India is a long-term one and due to this reason we are eager to expand cooperation," the Iranian leader said.

To promote regional relations and help regional security and fraternal cooperation, Iran considers implementation of the 'peace pipeline' project as an effective and helpful step which should be finalised and made operational as soon as possible, he said.

Narayanan expressed India's desire for expansion of "historic and strategic" ties with Iran in different fields.

Calling the IPI pipeline important for better regional cooperation, he urged speeding up efforts to implement the project to serve the interests of regional nations.

Narayanan said Iran and India have had constructive role in building great civilizations while ensuring peaceful coexistence among followers of different religions.

Meanwhile, Iranian and Indian officials have drawn up an action plan for security cooperation as well as creating new opportunities for expansion of mutual and international exchanges.

The Indian official also met Secretary of Supreme National Security Council Saeed Jalili and told him that Indian prime minister and government are keen to follow up all agreements reached before during official talks, particularly in the field of Iran-Pakistan-India gas pipeline project.

Jalili also explained the characteristics of Tehran's package of proposals presented to the Group 5+1, noting that Iran proposed the package for addressing concerns and challenges in the region and the entire world.

At the end of the first round of talks between Iranian and Indian senior security officials, both sides agreed to explore grounds for joint regional and international cooperation and set up a joint committee to follow up latest and new agreements, SNSC press secretary Ahmad Khademolmelleh said.