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11. India-Iran commercial ties were traditionally dominated by Indian import of Iranian crude oil. In 2018-19 India imported US$ 12.11 bn worth of crude oil from Iran. However, following the end of the Significant Reduction Exemption (SRE) period on 2 May 2019, India has suspended importing crude from Iran.
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May 14, 2024 · Trade and political relations between India and Iran have taken a quantum leap, Himanshu Roy told The Quint after New Delhi and Tehran inked an agreement on Monday, 13 May, giving India authority ...
Aug 6, 2021 · A deep dive into what has changed in bilateral relations between India and Iran. ... and President Rouhani had a successful visit to Delhi in 2018 there have been tensions over several issues ...
Iran and India signed a friendship treaty on 15 March 1950. The visit of Prime Minister Shri Atal Bihari Vajpayee to Iran and the signing of the Tehran Declaration in April 2001, followed by the visit of President Seyyed Mohammad Khatami and the signing of New Delhi Declaration in 2003 enhanced the Iran-India cooperation.
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- Context
- Background
- Why Does India Need Iran?
- Significance of Iran For India
- Irritants in Indo-Iran Ties
- Way Forward
- Conclusion
Iran’s Foreign Minister Hossein Amir-Abdollahian’s three-day visit to India, last week, was the first ministerial-level visit from Iran since Ebrahim Raisi assumed the Iranian presidency in August last year.
Bilateral relations between India and Iran span millennia marked by meaningful interactions.Both countries shared borders until 1947 and share several common features in their language, culture and traditions.The diplomatic links were established on 15th March 1950, when both countries signed a Treaty of Friendship and Perpetual Peace.However, Iran’s joining of Baghdad pact in 1954 and the Cold War politics prevented both countries from having closer relations until the 1990s.Energy security:Conventionally, for energy securityIran is amongst India’s top oil suppliersStrategic importance:Since the 1990s, Iran’s importance has become ‘strategic’Security reasons:Iran’s cooperation is critical for India’s security given thatGeopolitical logic in relations: The sanctions imposed by the US on Iran after it withdrew from the nuclear deal in 2018 may have virtually destroyed India-Iran trade, especially India’s energy imp...Land bridge to Central Asia and Eurasia: Iran has sought to leverage its crossroad geographical locationstraddling the Persian Gulf and the Caspian Sea, India has come to see it as its land bridge...INSTC: Despite the difficulties posed by decades of American sanctions, Iran has, along with India, Russia and a few other countries in the Eurasian region, continued to work on the multi-modalInte...During Raisi’s visit to Moscow, the two sides had pledged to redouble their efforts to build the railway line between Iran’s Caspian port of Rasht and Astara on the Iran-Azerbaijan border.India’s relations with Saudi Arabia, US and Israel:Growing Saudi-India-US-Israel relations have irked Iran.In retaliation, Iran, for the first time, has linked the plight of Muslims in Gaza, Yemen, and Bahrain, with those in KashmirIran-Pak-China ties:Warming Iran-Pak-China ties have annoyed India.Sluggish Chabahar port development:Slow Chabahar port development has annoyed Iran.As India is treading a fine line in balancing relations with the US, China and Iran while striving to augment its political influence in West Asia, embracing one country over the other is not an op...Therefore, a multilateral foreign policyis a way forward.India must retain its involvement in the Chabahar port development because of the geostrategic significance.In the immediate term, India should improve its multi-alignment credentials to absorb investments into the port projects from the public and private sector, boost maritime cooperation among littora...While the revival of the nuclear deal could give a fillip to India’s economic ties with Iran, India’s interests in continental Asia will be served well by heeding to the calls for developing a long-term roadmap for bilateral relations. Get an IAS/IPS ranker as your 1: 1 personal mentor for UPSC 2024 Attend Now
6 days ago · First, a recap. Since at least 2013, India had been mulling over the development of the Chabahar port on Iran's East coast in the Sistan-Baluchistan province, overlooking the Gulf of Oman. For ...
Dr. Hassan Rouhani, President of the Islamic Republic of Iran, paid his first State Visit to India at the invitation of Prime Minister of the Republic of India, Shri Narendra Modi, from February 15-17, 2018. During the visit, Dr. Rouhani was accompanied by a high-level delegation
