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On the sidelines of the Libya Summit held in the capital city of Germany, Berlin on Sunday, 19th January 2020 the President of France, Emmanuel Macron and the British Prime Minister Boris Johnson has reiterated their commitment to the JCPoA (Joint Comprehensive Plan of Action) for 2015 Iran nuclear deal and has acknowledged the need ..
The sanctions waiver from the US has curtailed the Indian crude imports from Iran. But the fact that Iran was an important supplier of crude to India cannot be sidelined because: Iran is India’s third-largest oil supplier behind Iraq and Saudi Arabia. Iran was the second largest after Saudi Arabia until 2010-11. But the sanctions ..
India has told Iran that the next government would take a call on oil imports from Iran after weighing factors including ‘commercial consideration, energy security and economic interests. US Sanctions and Iran President Trump had unilaterally walked out of the Joint comprehensive plan of action (JCPOA) agreement and had reimposed the sanctions on Iran. US ..
Iran has recently announced to stop respecting limits on its nuclear activities agreed under a 2015 nuclear deal with major powers until they find a way to bypass renewed US sanctions. The Iran nuclear deal was formally known as the Joint Comprehensive Plan of Action (JCPOA). Iranian President Hassan Rouhani has given an ultimatum of ..
The United States of America is all set to designate Iran’s Revolutionary Guard Corps as a terrorist organisation as per the reports which appeared in the Wall Street Journal. It will mark as a first time in the world history that Washington has labelled the army of another country as a military organisation. The move ..
Germany, France and the UK have officially set up a payment channel with Iran called INSTEX, to help continue trade and circumvent US sanctions. The long-awaited special payment system will help save the Iran nuclear deal by allowing Tehran to keep trading with EU companies despite Washington re-imposing sanctions after US President Donald Trump abruptly ..
Joint Comprehensive Plan of Action or JCPOA is an agreement of China, France, Germany, Russia, the UK, the US and the European Union (EU) with Iran signed in 2015. Features of the pact: As per the agreement, Iran agreed to make certain changes to its nuclear programme to ensure it does not threaten the regional stability. In ..