10 Nov 2024
Tuesday 8 January 2019 - 14:36
Story Code : 333795

Iran hopes India will seek fresh waiver from US sanctions: deputy foreign min

Iran hopes India will seek fresh waiver from US sanctions: deputy foreign min
Reuters - Iran hopes India will strive to get another waiver from U.S. sanctions as New Delhi plans to continue buying oil from Tehran, Irans deputy foreign minister for economic diplomacy Gholamreza Ansari said on Tuesday.

In November, the Unites States granted a six-month waiver from sanctions to India and allowed New Delhi to continue to import a limited quantity of Iranian oil.

In the previous round of sanctions India did not halt oil imports from Iran, said Ansari, who is in India as part of a business delegation participating in a visit by Irans foreign minister Javad Zarif.

The official said there is also a chance for Indian companies to get development rights for Irans Farzad B gas field. Tehran could ease some terms associated with the project, he added.

Reporting by Nidhi Verma; Editing by Kenneth Maxwell
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