Search Result for : Nuclear Deal

The Dollar Business Bureau  Embedded in the Iran Nuclear Deal of 2015 were terms related to assured support from the developed world for Iran to acquire a fleet of new aircraft from majors like Boeing and Airbus.  Reportedly, the country has acquired merely 3 jets from Airbus in return for cash payments so far, while it aims to purchase as many as 180. While Iranian officials try to accelerate talks with British export credit agency to gain an approval, they have multiple roadblocks to address.  Theresa May’s snap decision to hold general elections in the month of June discourages Britain’s export credit arm to take defining decisions affecting foreign policy during such a critical time. The government is also likely to postpone dealing ...

Sneha Gilada Economically tied with high volume trade in crude oil and politically tied with similar interests for stability in the Middle East, especially Afghanistan, India and Iran have traversed a long and tumultuous journey to maintain a healthy trade relationship. In an interview with Hon. Consul General, Hassan Nourian (HN), Consulate General of the Islamic Republic of Iran, Hyderabad; The Dollar Business (TDB) explores current issues in the India-Iran bilateral relationship. Speaking about diverse areas from the ambiguity in payment settlement mechanisms to problems in basmati rice exports, the diplomat lucidly explains the dynamics in India-Iran relations. India-Iran payments settlement issues To ensure smooth trade relations between India and Iran regardless of a series of international and American sanctions imposed against the ...

Himanshu Vatsa | The Dollar Business The nuclear deal between Iran and the US-led six-nation group is expected to have positive impact on India’s energy sector with increased crude oil imports from the Islamic country, say experts. The five permanent members of the United Nations Security Council (UNSC) —the US, UK, France, Russia, and China— along with Germany (also known as P5+1) agreed to ease trade restrictions on Iran to keep a check on Iranian nuclear programme. As per the deal signed in Vienna on Tuesday, easing of sanctions will enable Iran to export its crude oil resources. India which had opposed to sanctions on Iran has been engaged with various trades, especially in agriculture and crude oil, for long. Since ...

Sai Nikesh | The Dollar Business A statement from the United States (US) White House on Wednesday said that the US is seeing India as a fundamental provider of security and economic growth across the South Asian region. White House's senior director for South Asian Affairs Phil Reiner made the above statement referring to the growing bilateral relationship between United States and India, post the Obama-Modi meet earlier in January. The above statement from the White House is coming a day after the US Government released its annual budget, giving a plunge to Asia-Pacific re-balance. The White House official, while stating that India and US have also agreed to develop a bilateral road map during the recent Obama-Modi meet, also ...

Sai Nikesh | The Dollar Business Aimed at strengthening global non-proliferation and export control regimes, India’s bid to join as a member in a 48-member Nuclear Suppliers Group (NSG) and a permanent seat in United Nations Security Council (UNSC) gained special focus in the world media. Pakistan said that this move will have an adverse affect on the political and economic stability in South Asia and will also weaken the non-proliferation regime. Reacting to the United States backing to India’s NSG membership, Pakistan Prime Minister's Adviser on National Security and Foreign Affairs Sartaj Aziz said, "We have also noted the joint statement suggesting that India is ready for NSG membership and other export control regimes.” However, he said, Pakistan is not ...