Ummid Assistant

Exam time: Dial a helpline to overcome stress

IGNOU launches value education programme for teachers

Welcome Guest! You are here: Home » International

Unfazed by US, India to step up ties with Tehran

Tuesday February 14, 2012 05:55:46 PM, IANS

New Delhi: Unfazed by US sanctions and Israel linking Tehran to the attack on an Israeli embassy car here, India is set to ramp up its energy and business ties with Iran, with a commerce ministry team heading to Tehran to explore fresh business opportunities.

The team is expected to go to Tehran later this month to discuss steps to expand India's trade with Iran, part of a larger strategy to pay for Iranian oil, said highly-placed sources.

Despite the US and European Union sanctions on Iran, India recently sealed a payment mechanism under which Indian companies will pay for 45 percent of their crude oil imports from Iran in rupees.

Not just oil, India is also stepping up the refurbishing of the Chabahar Port in Iran and a strategic railway link that will offer it direct access to Afghanistan and the energy-rich Central Asia.

In recent years, India has taken care to insulate its multi-faceted ties with Iran from the West's collision with Tehran over its nuclear programme. The West accuses Iran of developing nuclear bombs.

India is uneasy at Israeli accusations about Iran's hand in the Monday bombing that targeted an Israeli embassy car, badly injuring the wife of the Israeli defence attache.

India, the sources said, does not want to be drawn into a diplomatic war of words between Tehran and Tel Aviv. Iran has rubbished Israeli charges as "empty lies".

But with Israel launching a diplomatic offensive and the American Jewish Congress (AJC) asking India to scale down its engagement with Iran, New Delhi could come under renewed pressure from the West to cut off ties with what the Americans say is a rogue regime.

India has launched a probe into the terror attack. "The probe is on," is all Indian officials would say.

K.C. Singh, a former Indian ambassador to Iran, told IANS: "Anything is possible. We have to wait and watch."

Ajai Sahni, a terrorism expert, said it was very unlikely that the attack would ever be traced to the Iranian state.

But he agreed that India could be under extra pressure as Israel may leverage the incident to portray Iran as a rogue regime.

The American Jewish Congress has told Indian ambassador to the US Nirupama Rao that it was "deeply troubled" by India's efforts to intensify trade relations with Iran "at the very moment when the US and fellow democracies are applying new economic pressures" on Tehran.

India continues to buy Iranian oil and expand economic relations with Iran.

Iran used to supply 12 percent of India's oil imports, but for some time its share has dropped to 10 percent.

Last week, as the European Union asked India to broker talks with Tehran over its atomic programme, Prime Minister Manmohan Singh pitched for a resolution of the issue by giving "maximum scope" to diplomacy.

(Manish Chand can be contacted at







Bookmark and Share

Home | Top of the Page


Note: By posting your comments here you agree to the terms and conditions of

Comments powered by DISQUS






Top Stories

Khurshid bows to 'wisdom' of Election Commission

In a bid to end the row with the Election Commission, Law Minister Salman Khurshid has said he bowed to the "wisdom" of the poll panel and regretted his statement regarding   »

Will get backwards their dues even if poll panel hangs me: Khurshid

Congress distances from Khurshid, BJP demands PM sack him


  Most Read

Fights for Rights: Ismail Yusuf College and Indu Mill Compound

Muslims would have been termed terrorists or ISI agents and sent to jail if they had protested to take possession of Ismail Yusuf College the way Dalits did to get the Indu Mill land for Ambedkar  »

Mamata has betrayed Muslims on Urdu: Rights group

West Bengal Chief Minister Mamata Banerjee has betrayed the Muslims by not keeping her election promise of introducing Urdu as the second official language in the entire state, an official of a rights group said Monday  »


  News Pick

Possibility of uniform lunar calendar - Scholars discuss in Makkah

An international conference aimed at ending differences on lunar calculations and unite the Muslims in observing obligatory rituals of fasting and Haj as well as Eid festivals is under way  »

'Communal forces get monetary support from Mumbai Civic body'

Maharashtra Chief Minister Prithviraj Chavan Sunday alleged that with the money pumped in from the Mumbai Civic Body, people belonging to RSS, Shiv Sena and BJP are  »

NIA arrests Samjhauta Express bomb planter

In a significant breakthrough in the Samjhauta Express blast case, the National Investigation Agency (NIA) has arrested late Sunday night Kamal Chauhan, said to  »


Picture of the Day

New Delhi,27 Jan 2012-IGNOU Vice-Chancellor M Aslam receiving the "Best teaching practices Award" from noted film director Prakash Jha at the India Today Aspire education summit 2012,in New Delhi on Friday. Also in picture India Today Group's Rekha Puri.

(Photo: IANS/Amlan Paliwal)



RSS  |  Contact us


| Quick links



Subscribe to

Ummid Assistant



Science & Technology



About us




Government Schemes










Contact us




    Disclaimer | Terms of Use | Advertise with us | Link Exchange is part of the Awaz Multimedia & Publications providing World News, News Analysis and Feature Articles on Education, Health. Politics, Technology, Sports, Entertainment, Industry etc. The articles or the views displayed on this website are for public information and in no way describe the editorial views. The users are entitled to use this site subject to the terms and conditions mentioned.

© 2010 Awaz Multimedia & Publications. All rights reserved.