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    » 06/12/2012, 00.00

    INDIA - UNITED STATES - IRAN

    Iranian oil: US cancels economic sanctions against India



    Malaysia, South Korea, South Africa, Sri Lanka, Turkey and Taiwan are also exempted. For US Secretary of State Hillary Clinton, these countries have "significantly reduced" Iranian oil imports. New Delhi downplays the US decision, saying it is based on US domestic law. China could still be hit by sanctions.

    Mumbai (AsiaNews/Agencies) - The United States has cleared India from US sanctions after it "significantly reduced" its imports of Iranian oil, US Secretary of State Hillary Clinton said a few hours before Indian External Affairs Minister S.M. Krishna arrives in Washington on an official visit. New Delhi, however, downplayed Clinton's remarks, saying it was a "decision taken by the Obama Administration under its domestic law." Other nations excluded from sanctions are Malaysia, South Korea, South Africa, Sri Lanka, Turkey and Taiwan. Conversely, China could still be hit by sanctions.

    In December 2011, the United States passed a law imposing economic sanctions against countries that traded with Iran. It set out a deadline of 28 June for compliance. Its aim is to increase pressure on Tehran to give up its nuclear programme.

    Despite Tehran's claims that its nuclear programme is exclusively peaceful, Israel and much of the international community believe Iran's has a secret military agenda.

    Last March, Clinton cancelled sanctions against ten member states of the European Union and Japan.

    "This is a decision taken by the US Government under its domestic law," India's External Affairs Ministry spokesperson Syed Akbaruddin said.

    "India and the US have a growing strategic partnership. The India-US Strategic Dialogue on June 13 will once again demonstrate the strength of our relationship," Akbaruddin added.

    Crude imports from Iran have been a steadily declining share in India's total oil imports, dropping from over 16 per cent in 2008-09  to almost 10 per cent in 2011-12.

    Last Month, during an official visit to India, Clinton urged New Delhi to do more to cut oil imports from Iran.

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    See also

    22/04/2010 IRAN – UNITED STATES – CHINA
    Beijing trying to “water down” sanctions against Tehran
    China has proposed amendments to US-drafted sanctions. The mainland is Iran’s biggest trading partner, and depends on its energy supplies. The United States does not exclude the military option. Turkey offers to mediate.

    03/08/2005 IRAN
    As he is endorsed President, Ahmadinejad calls for the suppression of weapons of mass destruction
    "I hope to remove the seals and resume activities [in the Isfahan facilities] today," says Iran's National Security Council spokesman Ali Agha Mohammadi.

    26/07/2007 IRAN – ONU
    For Tehran nuclear programme “like breathing”
    Iran confirms its intention to go ahead with its uranium enrichment programme, but although taking a hard line on the matter it is still trying to find a deal with UN representatives to stop a new round of sanctions.

    16/03/2007 UN - IRAN
    For Teheran, Security Council agreement on new sanctions nothing but "Waste Paper”
    The draft, drawn up in agreement by the “5+1”, will be discussed next week; predicts block on all arms exports from Iran and freeze on financial assistance. Tehran wants to participate in the session.

    07/08/2013 IRAN
    Iran's Rouhani wants talks based on "correct and realistic assessment of the situation"
    In his first press conference, Iran's new president reaffirms his country's right to pursue a peaceful nuclear programme, calls on the West to end its hostilities. Whilst the White House says it would be a "willing partner" in genuine talks, the US Senate urges tougher sanctions.



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