Disputes --
Although Iran never officially announced that they have broken ties with Indian companies regarding the rail lnk project, they did start the construction of railway project without india.
But now in November 2020, Iran is asking for India's help.
Although Iran never officially announced that they have broken ties with Indian companies regarding the rail lnk project, they did start the construction of railway project without india.
But now in November 2020, Iran is asking for India's help.
Iran's request --
According to senior Iranian diplomat, Iran's Port and Maritime organization (PMO) recently conveyed to India a request for cranes, tracks, switches and signalling equipment, as well as locomotives that it has had difficulty in procuring them directly due to US
According to senior Iranian diplomat, Iran's Port and Maritime organization (PMO) recently conveyed to India a request for cranes, tracks, switches and signalling equipment, as well as locomotives that it has had difficulty in procuring them directly due to US
... imposed sanctions. Iran has also asked to activate a $150 million credit line that had been offered by India during Iranian President Rouhani's visit to Delhi in 2018 to pay for purchases.
Why Iran is suddenly asking for India's help?
There are multiple reasons behind this move.
First is that the next 2 months are going to be very difficult for Iran as Trump could try to damage Iran a bit more before he leaves office.
There are multiple reasons behind this move.
First is that the next 2 months are going to be very difficult for Iran as Trump could try to damage Iran a bit more before he leaves office.
Another reason -
After Trump is gone and Biden is president of USA, Iran can expect a very different approach from US regarding sanctions.
Biden could even propose reinstating the Iran Nuclear deal that was created under Barak Obama
Details -
For one, the president-elect who was
After Trump is gone and Biden is president of USA, Iran can expect a very different approach from US regarding sanctions.
Biden could even propose reinstating the Iran Nuclear deal that was created under Barak Obama
Details -
For one, the president-elect who was
VP when the nuclear deal formerly known as Joint comprehensive plan of Action (JCPOA) was struck, has said the US will rejoin the accord "as a starting point for follow on negotiations" if Iran returns to compliance with it.
IRAN -- INDIA
If Iran deal is re-instated and the old sanctions are lifted then india could buy oil again from Iran.
It could also mean a much better cooperation b/w Iran and India regarding Chabahar.
These things could take about 2 years.
If Iran deal is re-instated and the old sanctions are lifted then india could buy oil again from Iran.
It could also mean a much better cooperation b/w Iran and India regarding Chabahar.
These things could take about 2 years.