Delhi dissimulates Iran policy
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Developereo
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I think his point is more about the credibility of Indian officials when talking to the local media. He claims they deliberately misinformed.
Developereo
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Well, there are a few entries on his blog page since that other article. So, either he is on vacation and someone else is churning them out, or he has left the earlier entry intact because it was written by him.
Kesang
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Really??
I have some article too.
REFILE-UPDATE 2-China extends Iran oil import cuts, supply talks to resume | Reuters
China cuts Iranian oil imports, says IEA - FT.com
China cut down its oil imports from Iran
China Unipec to Cut Iranian Oil Imports 10-20 pct for 2012 - Source | Foundation for Defense of Democracies
Oil slip to $123 as Iran boosts output, China cuts growth target | Firstpost
India Defies Sanctions, Won't Cut Iran Oil Imports | Fox News
Fars News Agency :: Indians Reject US Demand for Cutting Crude Imports from Iran
India's Iran stand a slap for US, says Nicholas Burns - Economic Times
These articles you posted talks about pre contract decrease but contract btw China and Iran had been signed to import over 500000 bpd.
The_magnificent
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Check out the date of your article and His article . Your article date 02/19/12. His article dates 21st February 2012. You know better which one is outdated
Your article date 02/19/12. His article dates 21st February 2012. You know better which one is outdated
An article could have been written later on 21st but based on outdated information, when new contract already signed for increasing the import. At any case you are arguing a moot point here.
Contribute if you have something on the topic of indian policy.
Kesang
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My answer already given by The_magnificent.
This article dated bak to march3
Oil slip to $123 as Iran boosts output, China cuts growth target | Firstpost
this teo article dated back to 21 feb
China cut down its oil imports from Iran
China cut down its oil imports from Iran
and your article dated back to 19 feb.
India Starts to Rely Less on Iran
Vahid Salemi/Associated Press
India in February reached a deal to pay for almost half of its purchases of Iranian crude in Indian rupees as pressure from Washington to isolate Tehran through sanctions makes dollar deals more difficult.
But that workaround has caused a problem: What will Iran do with all the rupees it accumulates?
India exported only $2.7 billion in goods to Iran in the year to March 31, 2011, while it imported $10.9 billion. Most of the imports were Iranian crude oil, which make up 12% of India’s oil imports.
By accepting payment in Indian rupees, Tehran will have to ramp up its purchases of Indian exports, which it can pay for with those rupees.
So it’s not by chance the Indian government-backed Federation of Indian Export Organizations is leading a delegation of 70 companies to visit Tehran next week to drum up business for exports such as engineering goods, pharmaceuticals, agricultural products and textiles.
The government is working on setting up a payment system to facilitate trade. Iran’s Parsian Bank recently opened a credit window with India’s UCO Bank Ltd. to proceed payments, which will soon be operational, said Anand Seth, a spokesman for the exporters’ federation.
The situation is not dissimilar to an agreement during the Cold War by which India paid for exports from the Soviet Union in rupees, guaranteeing a market for Indian products in Russia and leaving Moscow with wads of unwanted Indian currency, says Barun Mitra, director of the New Delhi-based Liberty Institute, a think tank.
But this time around, India is a professed friend of the U.S., which is attempting to squeeze Iran financially to get Tehran to drop its nuclear program. (Iranian officials say the country’s nuclear program is for peaceful purposes.)
The U.S. has tightened financial sanctions and persuaded the European Union to stop importing Iranian oil. Tehran’s big customers remain India, China and Turkey.
Indian officials have stated publicly they cannot afford to cut back on Iranian oil. India purchased an average 550,000 barrels of crude per day from Iran in January, up a third from December, overtaking China as Iran’s largest customer.
But there are signs this is only a blimp and Western sanctions mean India’s imports of Iranian crude will continue to decline as they have done over the past few years. At $10.9 billion in fiscal 2011, India’s overall imports of Iranian goods were down 5% from the previous year and 12.1% lower than fiscal 2009. The drop has been attributed to lower oil imports.
In part, this shows the success of U.S. efforts to stop the use of dollars for transactions, which has made it more difficult for Indian refiners to get hold of Iranian crude despite efforts to develop a rupee-payment system, says Sunjoy Joshi, director of the Observer Research Foundation, an Indian think tank.
India’s state-run Mangalore Refinery and Petrochemicals Ltd., the country’s largest importer of Iranian crude, is planning to cut its imports by 44% in the year to March 31 2013 due to sanctions, Reuters reported Monday, quoting sources.
Attempts to reach Uttam Kumar Basu, managing director of Mangalore Refinery, were not successful. A spokeswoman for Oil and Natural Gas Corp. Ltd., Mangalore’s parent company, declined to comment.
India itself has played a role in making it harder for Indian companies to pay in dollars, banning firms in 2010 from using an Asian trade-finance clearinghouse for oil-and-gas transactions with Iran.
That could have been what U.S. Secretary of State Hillary Clinton was referring to when she told Congress last week that India was doing much more behind the scenes to squeeze Iran than its public pronouncements would suggest.
Mr. Joshi points out that Iranian oil is not a matter of energy security for India, which refines more oil than it needs for domestic consumption and exports the remainder.
But India is unlikely to drop Iran completely as it views friendship with Tehran as a way of counter-balancing its rival Pakistan, especially in jostling over influence inside Afghanistan, Mr. Joshi says.
Mr. Mitra of the Liberty Institute concurs that New Delhi is unlikely to reduce its imports to zero. He says India will likely try to reduce its Iranian oil purchases by half over the next year or so but to drive a hard-bargain over the oil it buys in rupees – and to find a new market for some Indian exports.
Despite Bullish Talk, India Starts to Rely Less on Iran - India Real Time - WSJ
Vahid Salemi/Associated Press
India in February reached a deal to pay for almost half of its purchases of Iranian crude in Indian rupees as pressure from Washington to isolate Tehran through sanctions makes dollar deals more difficult.
But that workaround has caused a problem: What will Iran do with all the rupees it accumulates?
India exported only $2.7 billion in goods to Iran in the year to March 31, 2011, while it imported $10.9 billion. Most of the imports were Iranian crude oil, which make up 12% of India’s oil imports.
By accepting payment in Indian rupees, Tehran will have to ramp up its purchases of Indian exports, which it can pay for with those rupees.
So it’s not by chance the Indian government-backed Federation of Indian Export Organizations is leading a delegation of 70 companies to visit Tehran next week to drum up business for exports such as engineering goods, pharmaceuticals, agricultural products and textiles.
The government is working on setting up a payment system to facilitate trade. Iran’s Parsian Bank recently opened a credit window with India’s UCO Bank Ltd. to proceed payments, which will soon be operational, said Anand Seth, a spokesman for the exporters’ federation.
The situation is not dissimilar to an agreement during the Cold War by which India paid for exports from the Soviet Union in rupees, guaranteeing a market for Indian products in Russia and leaving Moscow with wads of unwanted Indian currency, says Barun Mitra, director of the New Delhi-based Liberty Institute, a think tank.
But this time around, India is a professed friend of the U.S., which is attempting to squeeze Iran financially to get Tehran to drop its nuclear program. (Iranian officials say the country’s nuclear program is for peaceful purposes.)
The U.S. has tightened financial sanctions and persuaded the European Union to stop importing Iranian oil. Tehran’s big customers remain India, China and Turkey.
Indian officials have stated publicly they cannot afford to cut back on Iranian oil. India purchased an average 550,000 barrels of crude per day from Iran in January, up a third from December, overtaking China as Iran’s largest customer.
But there are signs this is only a blimp and Western sanctions mean India’s imports of Iranian crude will continue to decline as they have done over the past few years. At $10.9 billion in fiscal 2011, India’s overall imports of Iranian goods were down 5% from the previous year and 12.1% lower than fiscal 2009. The drop has been attributed to lower oil imports.
In part, this shows the success of U.S. efforts to stop the use of dollars for transactions, which has made it more difficult for Indian refiners to get hold of Iranian crude despite efforts to develop a rupee-payment system, says Sunjoy Joshi, director of the Observer Research Foundation, an Indian think tank.
India’s state-run Mangalore Refinery and Petrochemicals Ltd., the country’s largest importer of Iranian crude, is planning to cut its imports by 44% in the year to March 31 2013 due to sanctions, Reuters reported Monday, quoting sources.
Attempts to reach Uttam Kumar Basu, managing director of Mangalore Refinery, were not successful. A spokeswoman for Oil and Natural Gas Corp. Ltd., Mangalore’s parent company, declined to comment.
India itself has played a role in making it harder for Indian companies to pay in dollars, banning firms in 2010 from using an Asian trade-finance clearinghouse for oil-and-gas transactions with Iran.
That could have been what U.S. Secretary of State Hillary Clinton was referring to when she told Congress last week that India was doing much more behind the scenes to squeeze Iran than its public pronouncements would suggest.
Mr. Joshi points out that Iranian oil is not a matter of energy security for India, which refines more oil than it needs for domestic consumption and exports the remainder.
But India is unlikely to drop Iran completely as it views friendship with Tehran as a way of counter-balancing its rival Pakistan, especially in jostling over influence inside Afghanistan, Mr. Joshi says.
Mr. Mitra of the Liberty Institute concurs that New Delhi is unlikely to reduce its imports to zero. He says India will likely try to reduce its Iranian oil purchases by half over the next year or so but to drive a hard-bargain over the oil it buys in rupees – and to find a new market for some Indian exports.
Despite Bullish Talk, India Starts to Rely Less on Iran - India Real Time - WSJ
Kesang
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You said I am wrong and I proved that you are wrong by posting a link which dated back to 3rd march. Which means India is not puppet like Bangladesh and If india is puppet by reducing some oil import than china is bigger puppet than India(if goes with your logic). Now you can post whatever you want. BTW. Who cares about what a puppet says.LOL
The_magnificent
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Why posting Old news ? Here is Latest one released 5 hour Ago 
India to US media, Israeli lobby: back off on Iran oil charges | Firstpost
India to US media, Israeli lobby: back off on Iran oil charges
Uttara Choudhury Mar 7, 2012
New York: Tired of being skewered for buying oil from Iran, India slammed the pro-Israeli lobby and US media on Tuesday for projecting a ”distorted picture of New Delhi’s foreign policy objectives and energy security needs” by using data selectively about its imports from Iran.
“India’s relationship with Iran is neither inconsistent with non-proliferation objectives, nor do we seek to contradict the relationships we have with our friends in West Asia or with the US and Europe,” said the Indian Embassy in Washington.
The embassy took the unusual step of speaking out on Iran as it wanted to counter the lopsided stories put out by the US media suggesting India had stepped up its oil imports from Iran despite its close ties with US and Israel.
“Allusions in the media that India’s overall oil imports from Iran are increasing just because its monthly uptake of Iranian oil reportedly increased in January this year are based on selective use of information, misrepresenting the fact that in aggregate terms, crude imports from Iran constitute a declining share of India’s oil imports,” Indian Embassy spokesman Virander Paul said in a strong statement.
The Wall Street Journal was quick to flash that “India lifts imports of Iran’s Oil” on 9 February and other media outlets followed. The reports raised the hackles of US state department officials and lawmakers on Capitol Hill. Secretary of State Hillary Clinton, who actually grasps India’s situation vis-à-vis Iran better than most American bureaucrats, finally testified before a Congressional committee last month, saying the US is having “very intense and very blunt” conversations with India, China and Turkey on reducing their dependence on Iranian oil.
The Indian embassy addressed the issue head-on on Tuesday by saying people tend to gloss over India’s dependence on oil imports from Iran. It actually serves the “energy needs” of over 400 million Indians who don’t yet have access to commercial energy. India, clearly, will continue to be driven by its own domestic interests on Iranian oil supply.
“Given the imperative of meeting the energy needs of millions of Indians, an automatic replacement of all Iranian oil imports, is not a simple matter of selection, or a realistic option,” said the embassy.
The embassy also gave three other imperatives for India’s ties with Iran and its regional policy: the familiar one based on India’s “civilization” ties with Iran; the presence of six million Indians in the Gulf and the effect on them of a volatile security situation; and shared interests on Afghanistan.
“Iran is also India’s only corridor for land access to Afghanistan, through which is routed most of our development and reconstruction assistance to that country,” it reminded US critics.
In a good sign, world powers including the US and Britain formally accepted an offer from Iran on Tuesday to resume negotiations over its nuclear programme, overriding warnings from Israel that it was tiring of diplomacy.
New Delhi urged everyone to stop beating the drums of war; “As a responsible member of the international community, India takes its obligations most seriously. At the same time, it firmly believes that the situation concerning Iran should not be allowed to escalate into a conflict, the disastrous consequences of which will be in nobody’s interest.”
President Obama also took aim on Tuesday at Republican presidential contenders who have criticised his cautious approach to combating Iran’s suspected nuclear program and charged that his detractors are “popping off” without considering the implications of war.
However, the resumption of talks with the ‘E3+3′ – Britain, France, Germany, Russia, China and the US – after a hiatus of more than a year is unlikely to impress Israel, however, after Benjamin Netanyahu, the country’s prime minister, used a two-day visit to Washington to declare that neither sanctions nor diplomacy were working.
There is growing concern in Washington and other world capitals that Israel is preparing to launch unilateral military action against Iran’s nuclear facilities within months
---------- Post added at 04:16 PM ---------- Previous post was at 04:14 PM ----------
Read what Indian spokesman said today.
. That guy is only increasing number of post to retain the title of Senior member 
indushek
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Idune u better stick to India's nefarious designs on Bangladesh yaar, no use on trying to prove how much our foreign policy is "dependent" on USA because even our rivals admire us for our independence when it comes foreign policy. Don't u know we are the evil yindoo baniya's man, we play one against another and we are friends of none. Known backstabbers if u like it.
Kesang
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Read what Indian spokesman said today.
and nobody thank him for his great theory and logic. BTW. How could he became a senior member who can't post in right section?:LOL:
The_magnificent
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Thats something bad everyone do. Cos he is posting just to collect thanks and increase number of post. he don't even read article before posting.
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