Sanctions will not impact trade with Iran, says India

By IANS,

New Delhi : Describing Iran as a key trading partner for energy, India Thursday made it clear that unilateral sanctions by the US and European Union will not be allowed to impact trade between the two countries.


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External Affairs Minister S.M. Krishna had wide ranging talks with his Iranian counterpart Ali Akbar Salehi here on a wide range of issues that included Iran’s nuclear programme, bilateral economic ties, energy cooperation and terrorism.

“India has always abided by the resolutions of the United Nations Security Council. In a globalised world such unilateral actions tend to impact on the market. Such measures should not impact on legitimate trade interests,” Krishna said at a joint press conference with Salehi.

He said Iran is an important neighbour and crucial trade partner for India and also a major source of “our energy supplies”.

Salehi lauded India as a forerunner of the Non-Aligned Movement and invited Prime Minister Manmohan Singh to visit Tehran for the 16th NAM summit.

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