India to keep trade ties with Iran under sanctions


India to keep trade ties with Iran under sanctions

Economic and strategic partners India and Iran are exploring ways to continue their relationship in light of renewed sanctions by the Trump administration earlier this month.

The Indian ambassador to Iran Saurabh Kumar met with the head of the Tehran Chamber of Commerce, Industries, Mines and Agriculture on Tuesday to keep trade relations strong during the current sanctions period.

One item in focus was the strategic Iranian port of Chabahar which has been exempted from the sanctions regimen.

The US has listed several companies, facilities, and even countries which traditionally trade with Iran as exemptions. This is to minimize the adverse effect of the sanctions on US allies. Read More

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