US committed to implementing Indo-US nuclear deal: Burns
Queried whether opposition from some sections in America to the deal stemmed from concerns that India could be a proliferator, Neureiter said, "I have not sensed anything like that."
One of India's closest friends in the United States Congress, Representative Gary Ackerman, New York Democrat, on Tuesday asked Obama administration's point man for South Asia Robert Blake, as to what would happen if after the nuclear disaster in Japan, India may decide to forego the US-India civilian nuclear deal and rely more heavily on Iran for its energy requirements.
On the eve of the most crucial round of talks between Iran and the world powers, the United States has said that Tehran has a choice to make in the coming weeks to address concerns about its military nuclear programme.
Projects worth over $20 billion, ranging from the decade-long Iran-Pakistan-India gas pipeline to various oil and gas exploration and production projects, are being re-considered, said officials in the Union Ministry of Petroleum and Natural Gas.
India's imports from Iran rose to 250,200 barrels per day
'The protection of secrecy and anonymity gets lost with this linking.'
The comment was in response to a June 19 Reuters story citing sources with knowledge of the matter as saying that India planned to clear some oil payments to Iran through the United Arab Emirates central bank.
The Obama Administration has reiterated its strong commitment to the US-India civilian nuclear deal consummated during the tenure of the previous George W Bush Administration and said it's "embedded" in a broader strategic dialogue between Washington and New Delhi, but contended it's certainly not a template for negotiations with the likes of Iran.
The announcement of date and venue comes a day after Putin's adviser Yuri Ushakov in Moscow said the two leaders will meet in a third country.
The Post report noted that US officials are saying that 'India has made unrealistic demands, such as retaining the right to test nuclear weapons.'
'By his words, actions, and body language during their joint press appearance wanted to convey his personal respect and, more broadly, his desire to work closely with India.'
Under the deal, to be ratified by the US Congress, Washington will lift sanctions on dual-use technology trade with India for which New Delhi will have to separate its civilian and military nuclear establishments.
Iran's decision to keep India out and welcome China to the scene is a huge strategic setback for India, observes Dr Rajaram Panda.
'Modi's intention was to create goodwill that will allow India to be seen by Trump as more than just a bad tariff problem.' 'He succeeded brilliantly on that count but none of these wins are unfortunately permanent.' 'Modi will have to do this again and again if Trump's grievances are to be durably assuaged.'
The stalled India-United States civilian nuclear agreement could well end up with the next administration both in the US and in India, a former US government official said, adding that a new American President is not likely to scuttle the atomic initiative. The official also said that the nuclear deal should not become hostage to India's ties with Iran."Sooner or later, the Congress government will force a showdown with the Communists," he said.
The Geneva agreement is a signal, which at least Saudi Arabia and Israel are so reading, that normalisation of relations between US and Iran is not merely about the nuclear fuel cycle, says K C Singh.
'If we could break through this symbolic barrier of sanctions and a dysfunctional relationship, we could do anything.'
The broader Nifty closed at 11,993.05, falling by 233.60 points, or 1.91 per cent. On the Sensex chart, Bajaj Finance was the top loser, dropping 4.63 per cent, followed by SBI, IndusInd Bank, Maruti, HDFC, Hero MotoCorp, Axis Bank, ICICI Bank and RIL
United States President Barack Obama is said to have offered a "deal" to Russia, suggesting America would not deploy a missile defence system in eastern Europe if Moscow stops helping Iran from developing nuclear weapons.
Praising India as a "proven non-proliferator", US President George W Bush has asserted that there are no "double standards" in dealing with Iran and India on the issue of civilian nuclear energy.
The NSE Nifty, after hitting a high of 10,758.55, closed at 10,717.80, up just 2.30 points, or 0.02 per cent.
'Indian and Iranian sources both confirmed to me that India and Iran are moving ahead to implement a payment system on buying oil from Iran and hope to finalise it very soon,' says Aveek Sen.
"We have the toughest sanctions ever imposed. But on oil, we want to go a little bit slow because I don't want to drive the oil prices in the world up," Trump told reporters.
Besides IOC, ONGC Videsh Ltd has also sought two discovered fields from the 16 fields that Iran is likely to put on auction shortly
General Soleimani headed the Islamic Revolutionary Guard Corps's Quds Force and also served as Iran's pointman on Iraq.
Speaking at a programme in Kolkata on Tuesday night, he said that in the past, even the US has been appreciative of the fact that the Chabahar port has a larger relevance.
Secretary of State Mike Pompeo said that countries like India, if it gets the exemption, would be asked to bring down their oil imports from Iran to zero in six months' time.
'Netanyahu lured Trump into a trap by enticing him with a seductive scenario of massive lucrative business in Gaza's reconstruction.' 'Trump's imagination is running riot, completely disconnected from ground realities,' asserts Ambassador M K Bhadrakumar.
The inking of the commercial contract to build and run the strategic port will help India win access to Afghanistan, Russia and Europe
Asia has opened largely in the green ahead of a raft of Chinese data due during the day.
India has agreed to separate its nuclear and military facilities, which would take time and the US has to change domestic laws to resume nuclear supplies to Indian reactors.
Rouhani's win is likely to have a huge impact on the country's relations with the West
Warning companies eyeing business deals with Iran, United States President Barack Obama has said that they can take such a move at their own peril as America and its allies would come down like a "ton of bricks" on those that violated sanctions against Tehran.
India has asked refiners that owe about $6.5 billion to Iran for oil imports to build up dollar and euro balances to avoid downward pressure on the rupee if six world powers and Tehran reach a final nuclear deal.
The BSE Sensex moved up 103 points to 35,319.35, while the wider NSE Nifty finished at 10,741.70, up 23.90 points.
The oil cartel's decision to maintain the production ceiling at its 2016 level, despite the recovery of the world economy, will ensure shortfalls in supply and high oil prices in the foreseeable future, warns Ambassador D P Srivastava.
