Sushma Swaraj Holds "Constructive" Talks With Iran's Foreign Minister

Sushma Swaraj Holds

Sushma Swaraj Holds "Constructive" Talks With Iran's Foreign Minister

It may be recalled that the United States had earlier given six-month waivers to eight countries including India, China, Japan and South Korea for exemption from the November 4 deadline a year ago of stopping Iranian oil imports completely.

Put into a hard situation by USA pressure, India said it would buy crude oil from other major oil producing countries to protect its interests. Iran is its third largest supplier after Iraq and Saudi Arabia and meets about 10 per cent of its total needs.

With the USA linking its help in getting Jaish-e-Mohammed founder Masood Azhar designated as a global terrorist by the United Nations 1267 Sanctions Committee to India ending oil purchases from Iran, the Modi government has little room to negotiate at this point.

Iranian Foreign Minister Mohammad Javad Zarif, left, talks with his Indian counterpart Sushma Swaraj in New Delhi, India, Tuesday, May 14, 2019.

The US waivers has ended on May 1.

Indo-Iran ties have expanded in various fields in recent years. New Delhi has always maintained that all signatories should remain invested in the deal despite the renewed pressure from the US.

On the Iranian nuclear deal issue, Ms Swaraj told her Iranian counterpart that "India would like all parties to the agreement to continue to fulfil their commitments and all parties should engage constructively and resolve all issues peacefully and through dialogue", government sources added.

During his visit to India previous year, Iranian President Hassan Rouhani said Iran and India were prepared for joint ventures in gas and petroleum.

The Iranian Foreign Minister also said that a 60-day timeline had been given to EU-3 and other parties to the nuclear deal Iran signed with world powers, for restoring Iran's oil and banking channels.

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