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India has been hesitant to implement the Wests unilateral embargoes against Iran due to New Delhis reliance on its extensive ties with Tehran, a new U.S. congressional report says.
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India is implementing UN sanctions against Iran but its cultural, economic, and historic ties--as well as its strategic need for access to Afghanistan-- have made India hesitant to adopt all aspects of U.S. and EU sanctions on Iran, the bipartisan Congressional Research Service said in its latest report on Iran.
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According to a report by the Associated Chambers of Commerce and Industry of India in early January, Indias exports to Iran grew by 17 percent from April to June 2012, reaching USD705.8 million.
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The United Nations Security Council has imposed four rounds of US-engineered sanctions against the Islamic Republic. The Security Council's measure was followed by a series of illegal unilateral embargoes against Iran by the U.S. and the European Union.
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The United States, Israel, and some of their allies have repeatedly accused Iran of pursuing non-civilian objectives in its nuclear energy program.
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Iran argues that as a signatory to the nuclear Non-Proliferation Treaty and a member of the International Atomic Energy Agency, it is entitled to develop and acquire nuclear technology for peaceful purposes.
India rebuffs West?s sanctions on Iran: U.S. Congress - Tehran Times
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India is implementing UN sanctions against Iran but its cultural, economic, and historic ties--as well as its strategic need for access to Afghanistan-- have made India hesitant to adopt all aspects of U.S. and EU sanctions on Iran, the bipartisan Congressional Research Service said in its latest report on Iran.
*
According to a report by the Associated Chambers of Commerce and Industry of India in early January, Indias exports to Iran grew by 17 percent from April to June 2012, reaching USD705.8 million.
*
The United Nations Security Council has imposed four rounds of US-engineered sanctions against the Islamic Republic. The Security Council's measure was followed by a series of illegal unilateral embargoes against Iran by the U.S. and the European Union.
*
The United States, Israel, and some of their allies have repeatedly accused Iran of pursuing non-civilian objectives in its nuclear energy program.
*
Iran argues that as a signatory to the nuclear Non-Proliferation Treaty and a member of the International Atomic Energy Agency, it is entitled to develop and acquire nuclear technology for peaceful purposes.
India rebuffs West?s sanctions on Iran: U.S. Congress - Tehran Times