Fresh waiver for India-Iran trade, hints US

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.

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.

"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.