India to decide on oil imports after polls: Sushma Swaraj

India to decide on oil imports after polls: Sushma Swaraj

"EAM @SushmaSwaraj and Iranian Foreign Minister @JZarif held constructive discussions on all bilateral issues of mutual interest". Iran is India's third largest supplier and offers trade opportunities via strategic Chabahar port. Zarif recalled the steps announced by President Hassan Rouhani on May 8 including decisions linked to the export of enriched uranium and heavy water, the sources said.

External Affairs Minister Sushma Swaraj today held meeting with Foreign Minister of Iran Mohammad Javad Zarif in the city to have consultations on most recent developments in the region as well as on the bilateral relations.

Zarif and Swaraj are also likely to discuss the future of the Chabahar port project because the Trump administration has assured that exemption on Chabahar will continue.

During the visit, India and Iran signed almost a dozen agreements, centrepiece of which was a deal on development of Chabahar port.

In May past year, the United States had brought back sanctions on Iran after withdrawing from the Iran nuclear deal which was struck in 2015.

Three of the eight countries who received the waivers, namely Greece, Italy, and Taiwan, have already reduced their Iranian oil imports to zero. The United States- under then President Barack Obama - had pushed for the deal strongly four years ago. He is also said to have mentioned that a 60-day timeline had been given to the EU-3 - UK, France and Germany - and other parties to the JCPOA to restore the oil and banking channels.

There was no official word on what transpired at the meeting but sources said that "on the purchase of oil from Iran", the minister had "reiterated the position that a decision will be taken after the elections, keeping in mind our commercial considerations, energy security and economic interests".

Related Articles