Author: firstcause

US threatens India with sanctions over Iran trade   [Copy link] 中文

Rank: 8Rank: 8

Post time 2012-4-8 12:54:07 |Display all floors
Madras.pinto Post time: 2012-3-18 21:01
India and China have their differences, but what they have in common is much more.
India and China M ...

Agree!

Use magic tools Report

Rank: 8Rank: 8

Post time 2012-4-11 02:03:06 |Display all floors
US-India ties experience tough problems over Iran
Tue Apr 10, 2012 4:18PM GMT




India and the United States are now navigating some of the rockiest waters since they began to build closer ties in the late 1990s, with Washington weighing sanctions unless New Delhi significantly cuts oil imports from Iran.



During the Cold War, India tilted toward the Soviet Union and ties between the two countries were strained.



Since the Cold War ended, few issues have caused as much friction in U.S.-India relations as Iran.



A new U.S. law, seeking to pressure Iran to end a nuclear program seen by Israel as a major threat, will impose sanctions starting on June 28 on banks from countries that do not cut oil imports from the Islamic republic.



India has historically had strong relations with Iran and relies on Tehran to ship assistance to Afghanistan.



India and China, whose emerging economies are heavily reliant on energy imports, have both opposed U.S. sanctions on Iran.



India, which imports some 12 percent of its oil from Iran, has evaded U.S. sanctions by paying for Iranian oil in rupees. The News International News

Diane Abbot (British MP): Anglos love playing divide and rule
David Cameron (British PM): Anglos caused most of the world's problems!

Use magic tools Report

Rank: 4

Post time 2012-4-11 06:14:15 |Display all floors
Bombay, April 10:
The Sino-Indian Treaty on Teabet which is due to expire on June 3 next, is not likely to be renewed as requested by China, until China removed the various restrictions imposed by it on Indo-Teabetan trade and an Indian mission was permitted to function freely in   L h a s a . This was stated today by    Mrs   L a k s h m i    M e n o n  , deputy minister for external affairs in the last Union Cabinet, addressing the members of the international forum here.
Mrs Menon explained the circumstances in which the Sino-Indian Treaty on Teabet was signed in 1954, in which India accepted Chinese sovereignty over Teabet and said that India could do nothing else at that time “except to make the best of a bad bargain.” She said that historically Teabet had been part of China and India could only hope that China would ensure Teabetan autonomy.
“Since this agreement was signed the trouble began,” she said. She accused China of not complying with the terms of the treaty and applying restrictions on the movement of the Indian mission in   L h a s a    and in various ways “disrupting” the traditional trade between India and Teabet by imposing restrictions on remittances, changing the Teabetan currency and by imposing “all sorts of restrictions on remittances, changing the Teabetan currency and by imposing “all sorts of restrictions little by little, so much so, that the Treaty became useless in that it was not fulfilling the purpose for which it was signed.”

Use magic tools Report

Rank: 8Rank: 8

Post time 2012-5-11 23:08:07 |Display all floors
Iran oil import is India’s decision to make: Jaipal Reddy

Fri May 11, 2012

India’s Petroleum and Natural Gas Minister S. Jaipal Reddy says New Delhi will never give up its sovereign right to importing Iran's crude oil under foreign pressure.


“[On the] import of oil from Iran, the government is perfectly free to take a decision. We respect the United Nations’ sanctions against Iran. We do not take notice of sanctions imposed by other countries, other blocks of countries,” he said on Thursday while replying lawmakers’ questions at the Lower House of the Indian parliament.

The Indian oil minister then assured the lawmakers that his country will never “allow its sovereignty to be affected in any manner on the oil import issue,” The Hindu website reported on Friday.

However, Reddy added, the Indian oil companies, keeping various developments in view, take decisions on the oil imports from time to time.

The oil minister emphasized that India will continue importing oil from Iran according to the requirements, noting that a decision on imports is for the country’s oil marketing companies to take.

“These things are not monitored by the government. It is for the companies to take a decision,” he added.

Reddy’s remarks come after a recent visit to New Delhi on May 7 by the US Secretary of State Hillary Clinton during which Clinton urged India to buy less oil from Iran.

Clinton told a Town Hall meeting in the eastern city of Kolkata that there’s an adequate supply in the market for India to find alternative sources of oil.

She noted that India has taken some steps to reduce its imports from Iran “but the US wants to see more.”

India imports around nine percent of its needed crude from Iran, despite Washington’s threats that New Delhi could face US sanctions unless it abides by the US unilateral sanction law against the Islamic Republic.

On May 8, Indian External Affairs Minister Somanahalli Mallaiah Krishna dismissed Clinton's call to ban the purchase of Iran's crude oil.

"It (Iran) remains an important source of oil for us although its share of our imports is declining," he added.


Diane Abbot (British MP): Anglos love playing divide and rule
David Cameron (British PM): Anglos caused most of the world's problems!

Use magic tools Report

Rank: 8Rank: 8

Post time 2012-5-11 23:10:15 |Display all floors
‘Iran reliable energy, economic partner for India’

Fri May 11, 2012

India’s Minister of State for External Affairs E. Ahmed has lauded trade relations with Iran, describing Tehran as a reliable partner for New Delhi in the economic and energy sectors.


The Indian official made the remarks during a meeting with Iran's Foreign Minister Ali Akbar Salehi on the sidelines of a Non-Aligned Movement (NAM) ministerial meeting in Egypt on Thursday.

During the meeting, Salehi and Ahmed discussed the latest regional and international developments and reviewed bilateral relations in various areas.

The Indian official further said that Tehran-New Delhi cooperation in the energy sector is highly significant and to the benefit of the two countries as well as regional states.

He also referred to the common cultural interests between the two countries and said Iran-India relations are moving well ahead in all political, economic, cultural, industrial and energy areas.

Salehi, for his part, said the bilateral relations and cooperation between Iran and India are moving forward on the right track.

He described ‘the strong’ determination of the two states as the key factor in the further expansion of mutual cooperation, based on common heritage and roots.

Referring to the upcoming joint commission of the two countries, Iran’s top diplomat said the body could provide a suitable framework for regulating comprehensive cooperation, in particular, with respect to energy.

He also underlined the need for multilateral and regional cooperation, especially in the field of transit and transportation within the framework of communication corridors in the region.

Salehi arrived in the Egyptian resort town of Sharm al-Sheikh Tuesday night to attend a two-day ministerial meeting of the Non-Aligned Movement (NAM), which started on Wednesday.

The Coordinating Bureau ministerial meeting is a preparation for the NAM summit to be later held in Iran late August.

On the sidelines of the meeting, Salehi also held talks with his counterparts from different countries including Afghanistan, Armenia, Azerbaijan, North Korea and Yemen. Salehi returned to Iran on Thursday night.

NAM, an international organization with 120 member states, is considered as not formally aligned with or against any major power bloc. It represents nearly two-thirds of the UN members.


Diane Abbot (British MP): Anglos love playing divide and rule
David Cameron (British PM): Anglos caused most of the world's problems!

Use magic tools Report

Post time 2012-5-12 12:33:43 |Display all floors
Reminder: Author is prohibited or removed, and content is automatically blocked

Use magic tools Report

Post time 2012-5-12 12:36:08 |Display all floors
Reminder: Author is prohibited or removed, and content is automatically blocked

Use magic tools Report

You can't reply post until you log in Log in | register

BACK TO THE TOP
Contact us:Tel: (86)010-84883548, Email: blog@chinadaily.com.cn
Blog announcement:| We reserve the right, and you authorize us, to use content, including words, photos and videos, which you provide to our blog
platform, for non-profit purposes on China Daily media, comprising newspaper, website, iPad and other social media accounts.