SEAL
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Trust is more important than money and you Indians internationally famous as back stabbers.
Israel sees gradual increase in Indian steps against Iran
- Thread starter Hindutvadi
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Trust is more important than money and you Indians internationally famous as back stabbers.
mikkix
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Iran is a brotherly country for pakistan, India have good relations and we pakistanis shouldn't have any problems with that atleast i can say myself for sure.
Iran is now becoming a major player in the mideast so we will use it for ourselves for better.
Iran is now becoming a major player in the mideast so we will use it for ourselves for better.
KS
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Kyusuibu Honbu
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In case of war with Pakistan, Iran will cut oil supply to India as they did in past too.
I don't recall such a thing in the past.
Considering Iran distanced itself from Pakistan after its withdrawal from CENTO.
Also ,about ,Iran cutting its oil supply to India
India depends on Iran for only 16.5% of its crude oil imports.
But 40% of gasoline consumed by Iran comes from India.
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somebozo
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First look at the posture of this article..Its an Israeli appreciation towards its friend India commenting on Indian distancing and western collaboration to corner Iran. India-Iran an age old relation at stake here for a much younger India-Israel relation. It subtly reveals the true face of Indian back stab ethics. After all the Aryans invaded and ruled india and the "brave" sons of bharat mata in new delhi are vying for revenge. India is desperate to assert itself as a super-power of Asian region and surpasses exceptions in its wet dream to see itself as someone projecting power deep from the Russian border to Middle east.
There are two realms of any political dimension and same applies to Iran. Business vs strategy. Trust vs diplomacy, mullahpoly vs peoples power.
The Iranians like to commerce with India and mullah like to appease for its shia sympathic posture. But India simply cannot offer Iran what Pakistan is. All the strategic business of Iran is moved through Pakistan we are talking about air craft parts, machine tools, precision equipments etc etc things which Iran is sanctioned from. There are well connected Persian business families on both sides of border.
Comment was intended as sarcasm on usual Indian trolling about close relations with Iran. Pak-Iran will always remain closer strategically no matter what.
Jundallah insurgency is operating across the Baluchistan-Sistan border with help of US / NATO. No secret to that much like TTP is operating across Pak-Afghan border. Ayatollah only expressed the hard fact.
There are two realms of any political dimension and same applies to Iran. Business vs strategy. Trust vs diplomacy, mullahpoly vs peoples power.
The Iranians like to commerce with India and mullah like to appease for its shia sympathic posture. But India simply cannot offer Iran what Pakistan is. All the strategic business of Iran is moved through Pakistan we are talking about air craft parts, machine tools, precision equipments etc etc things which Iran is sanctioned from. There are well connected Persian business families on both sides of border.
Comment was intended as sarcasm on usual Indian trolling about close relations with Iran. Pak-Iran will always remain closer strategically no matter what.
Not helping, other than lonely nations like Mauritius and Maldives, most of the Islamic block is pro-Pakistan including the Shia sphere. The largest power broker in Muslim world in Pakistan and Saudi Arabia none of which would like to have a stake shared with Iranians...if India thinks so then its heading towards diplomatic blunder. Nothing against anybody just hard political facts.
Jundallah insurgency is operating across the Baluchistan-Sistan border with help of US / NATO. No secret to that much like TTP is operating across Pak-Afghan border. Ayatollah only expressed the hard fact.
Yes, shining Indian diplomacy...first opted out of gas deal under western pressure now on the verge of banning oil imports. Lets admit it India is not the partner or west it claims to be but rather a backyard of imperial powers. Otherwise it wouldn't need to opt out of something which benefits itself and a regional neighbor it claims to have long term relations with.there is a word named as diplomacy which is mother of all markets etc which pakistan cant offer??
wat pakistan has to offer ,,,terror
Iran did cut oil supply to India during the war and Sri Lanka hosted our navy for refueling..India rising..yeah right! Now opting out of IPI talks aloud about how much you love to submit to colonial powers vs regional neighbors. A Pakistan gave americans a cold shrug over IPI.India already left out IPI gas pipe line because of US and Israel pressure and now this, no oil and no gas enjoy nuclear deal.
In case of war with Pakistan, Iran will cut oil supply to India as they did in past too.
Prometheus
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justanobserver
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somebozo said:
Bozoji is correct! It was the time of the Shah of Iran.
At that time there was an unholy (great satan America)alliance between Turkey-Iran-Pakistan (CENTO).
The Shah was booted out later
Apart from the US, EU and Israel, there is a lot of pressure from GCC countries and other Arab countries like Egypt to tighten the sanctions.
At present the payments are still being continued until a new currency is decided upon.
Its difficult for India to balance its own interests with Iran to that of the GCC Arab countries as well as US and so on.
India, Iran resolve oil row - Arab News
NEW DELHI: As officials from Iran and India on Friday were holding talks on finding ways to keep the $11 billion bilateral oil and gas trade intact, a top Iranian official was quoted as saying that the two countries have resolved the oil-payments dispute.
"The surplus trade between India and Iran, of which oil is an important part, was in euros and dollars. In order to prevent Americans and Europeans creating trouble for (oil sales), we switched to other currencies like the Japanese yen, the Emirati dirham, or other monetary units," Iran's Fars news agency quoted Ahmad Khaledi, Iran's deputy oil minister, as saying.
On Dec. 23, the Reserve Bank of India said that companies would be allowed to settle current account and trade transactions with Iran outside the Asian Clearing Union (ACU).
The ACU, based in Tehran, is an arrangement where the participants settle payments for intra-regional transactions among member central banks, helping economize the use of foreign exchange and transfer costs. The bloc includes the central banks of India, Bangladesh, the Maldives, Myanmar, Iran, Pakistan, Bhutan, Nepal and Sri Lanka.
Participants in the ACU settle transactions in either the US dollar or euro. Iran had refused to sell oil under the new rules.
Earlier in the day, the Indian government dismissed reports that it was acting under pressure, adding that there was a "technical" problem in settling the current account transactions with Iran under the ACU.
"Efforts are being made to resolve the issue as soon as possible," India's External Affairs Ministry said. "We have seen reports regarding problems with respect to settlement of current account transactions with Iran under the Asian Clearing Union mechanism."
"This is a technical issue and the Reserve Bank of India is seized of the matter. Efforts are being made to resolve the issue as soon as possible. There is no question of India acting under pressure of any country," the ministry said, without naming the United States, which wants governments to stop dealing with Iran because of its nuclear program.
The White House on Thursday praised the RBI's decision, a move that came less than two months after the US President Barack Obama's trip to India, where he pledged to help boost New Delhi's global role.
India and Iran could agree to settle deals in Iran's rial or another currency such as the Japanese yen, Indian Oil Secretary S. Sundareshan suggested Thursday. Payments through a third-country central or commercial bank was also on the card.
India is the world's fourth-largest importer of crude and Iran is its second largest supplier after Saudi Arabia. India buys about 400,000 barrels per day of Iranian crude, sending roughly $12 billion a year to Tehran via the Asian Clearing Union, a system created in the 1970s.
Currently, Iran has four big oil buyers China, Japan, South Korea and India. Of these, China and Japan follow the European bank channel route. South Korea deals a currency-to-currency route, which is not financially viable for India because of its trade imbalance with Iran.
UN sanction on Iran do not forbid buying oil from the country. Recently, the European Central Bank asked the RBI and other central banks of ACU to provide certificates that the euro being used to import products are not on US sanctions list.
At present the payments are still being continued until a new currency is decided upon.
Its difficult for India to balance its own interests with Iran to that of the GCC Arab countries as well as US and so on.
India, Iran resolve oil row - Arab News
NEW DELHI: As officials from Iran and India on Friday were holding talks on finding ways to keep the $11 billion bilateral oil and gas trade intact, a top Iranian official was quoted as saying that the two countries have resolved the oil-payments dispute.
"The surplus trade between India and Iran, of which oil is an important part, was in euros and dollars. In order to prevent Americans and Europeans creating trouble for (oil sales), we switched to other currencies like the Japanese yen, the Emirati dirham, or other monetary units," Iran's Fars news agency quoted Ahmad Khaledi, Iran's deputy oil minister, as saying.
On Dec. 23, the Reserve Bank of India said that companies would be allowed to settle current account and trade transactions with Iran outside the Asian Clearing Union (ACU).
The ACU, based in Tehran, is an arrangement where the participants settle payments for intra-regional transactions among member central banks, helping economize the use of foreign exchange and transfer costs. The bloc includes the central banks of India, Bangladesh, the Maldives, Myanmar, Iran, Pakistan, Bhutan, Nepal and Sri Lanka.
Participants in the ACU settle transactions in either the US dollar or euro. Iran had refused to sell oil under the new rules.
Earlier in the day, the Indian government dismissed reports that it was acting under pressure, adding that there was a "technical" problem in settling the current account transactions with Iran under the ACU.
"Efforts are being made to resolve the issue as soon as possible," India's External Affairs Ministry said. "We have seen reports regarding problems with respect to settlement of current account transactions with Iran under the Asian Clearing Union mechanism."
"This is a technical issue and the Reserve Bank of India is seized of the matter. Efforts are being made to resolve the issue as soon as possible. There is no question of India acting under pressure of any country," the ministry said, without naming the United States, which wants governments to stop dealing with Iran because of its nuclear program.
The White House on Thursday praised the RBI's decision, a move that came less than two months after the US President Barack Obama's trip to India, where he pledged to help boost New Delhi's global role.
India and Iran could agree to settle deals in Iran's rial or another currency such as the Japanese yen, Indian Oil Secretary S. Sundareshan suggested Thursday. Payments through a third-country central or commercial bank was also on the card.
India is the world's fourth-largest importer of crude and Iran is its second largest supplier after Saudi Arabia. India buys about 400,000 barrels per day of Iranian crude, sending roughly $12 billion a year to Tehran via the Asian Clearing Union, a system created in the 1970s.
Currently, Iran has four big oil buyers China, Japan, South Korea and India. Of these, China and Japan follow the European bank channel route. South Korea deals a currency-to-currency route, which is not financially viable for India because of its trade imbalance with Iran.
UN sanction on Iran do not forbid buying oil from the country. Recently, the European Central Bank asked the RBI and other central banks of ACU to provide certificates that the euro being used to import products are not on US sanctions list.
NWO
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I thought India was allied with US. They can't have deals with Iran and expect to be in good standing with US. They aren't exactly a neutral country here.
However, I guess India could enjoy some economic ties with Iran. US needs India's economy and vice-versa. Unless India begins offering nukes to Iran at buy one, get one free, I don't think US is going to risk much over it.
However, I guess India could enjoy some economic ties with Iran. US needs India's economy and vice-versa. Unless India begins offering nukes to Iran at buy one, get one free, I don't think US is going to risk much over it.
justanobserver
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NWO said:
You thought wrong
India has signed no formal treaties with the USA, unlike you guys (remember CENTO, SEATO ? ). You're the most important non-NATO ally.
somebozo
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justanobserver said:
So we are elevated to a higher status with America vs a vis US-India relation and can still continue to commerce with Iran shrugging all American concerns. Speaks about whose who diplomacy! Rising India indeed.\
Bozoji is correct! It was the time of the Shah of Iran.
At that time there was an unholy (great satan America)alliance between Turkey-Iran-Pakistan (CENTO).
The Shah was booted out later
And much to the Indian dismay that did not result in change of opinion of Iranian people towards Pakistan. The mullah rhetoric has no standing. Anyone well connected with the persian business elites of Karachi knows what I am talking.
Here is hint:
Consulate of Iran provide FREE of cost, their 10,000 yard open air banquet for a wedding!
And i am NOT shia neither Persian!
Go figure!
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