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India Expects US Talks Over Sanctions
India Expects US Talks Over Sanctions

India Expects US Talks Over Sanctions

India Expects US Talks Over Sanctions

India is expecting US President Donald Trump administration to get in touch with it over the issue of imposition of US sanctions on Iran, adding the government will be able to formulate a strategy on oil import from that country following the talks, The Economic Times reported. "In the next few weeks, we expect to have some engagements on the issue with the US. We cannot pre-judge what the US will be doing," said a source. India may likely fall back on the rupee-rial arrangement for importing oil from Iran in case the US forces it to cut procurement of petroleum products from that country, the sources said.India is also expected to convey to the US the importance of the Chabahar port project considering that it can be a major link for trade with war-ravaged Afghanistan. The sources said there has been informal indication from the US that the Chabahar port may be kept out of the sanctions regime.

 

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