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HindustanTimes Thu,27 Nov 2014

Fresh waiver for India-Iran trade, hints US

HT Correspondent, Hindustan Times  New Delhi, May 24, 2013
First Published: 14:00 IST(24/5/2013) | Last Updated: 04:36 IST(25/5/2013)

India is likely to get a fresh waiver from the sanctions imposed on doing business with Iran, a top the US official said here on Friday as she praised "tremendous progress" India made in reducing imports of oil from the Persian nation.
   

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"I think India has made tremendous progress in reducing the level of its importation of Iranian oil. India has long been a leader in non-proliferation, stood side by side with all of us in the international community to say that Iran should not acquire a nuclear weapon,"  US Under Secretary of State for Political Affairs Wendy Sherman told reporters here.

"That decision will be made shortly and all of the data is certainly pointing in a positive direction," she said when asked whether the US could grant a fresh waiver to India to conduct business with Iran. She is here to prepare for the India-US strategic dialogue next month.


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