Just saw this on PKKH facebook:
#Iran is allegdely supporting #American retreat and this news surfaced in last october through some of our sources. Now in this trade agreement from #Chahbahar a port financed by #India who is on on whose side?
Did some research on it and look what I found:
In response to China’s presence in Gwadar port in Pakistan, India is seeking access to Iran’s Chabahar port which is being built with Indian assistance and can be linked by rail to Central Asia through Hajigak, a mineral-rich area in Afghanistan where India has obtained mining concessions. Chabahar port will help India maintain strong ties with Afghanistan’s Northern Alliance.
Choose the right fuel for economic growth
Abdul Wasey on why India must continue oil trade with Iran despite US ’ dire warnings
This development may upset the United States, which is putting overt pressure on India to curtail oil imports from the Gulf nation. The world’s biggest democracy is forcing the world, including other democratic countries, to isolate Iran socially and economically in a bid to thwart its nuclear ambition. It needs to know that persuasion, and not coercion, help find peaceful and long-lasting solutions.
History points out that the effectiveness of sanctions had always been erratic at best and disastrous at worst. The ultimate victims of the economic curbs had been the common people of the target countries. In many cases, sanctions have proved to be counterproductive. The 1990 Pressler sanctions against Pakistan, for example, triggered the country to develop several indigenous capabilities, enabling it to emerge as a nuclear power a decade later.
Again, penalising Iran may be a worthwhile objective but why do the US and Europe want to punish the whole world and drag global economic growth further down? They should understand that cutting trade ties with Iran, which is India’s second largest supplier of crude oil after Saudi Arabia, would be catastrophic. A sudden fuel shortfall can cripple its economy in days. The repercussions can cascade, slowly or quickly, into problems of public order and even public health. It is unfair to blame countries that rely on Iranian oil, such as India, for being reluctant to forgo this source of energy.
India’s unwillingness to estrange itself from Iran is also based on strategic considerations. In response to China’s presence in Gwadar port in Pakistan, India is seeking access to Iran’s Chabahar port which is being built with Indian assistance and can be linked by rail to Central Asia through Hajigak, a mineral-rich area in Afghanistan where India has obtained mining concessions. Chabahar port will help India maintain strong ties with Afghanistan’s Northern Alliance.
The new US-led sanctions push may put Washington and New Delhi on opposite sides of the fence. A falling out over Iran could have repercussions for the budding strategic partnership between the two countries, and make everything else — from trade to defence cooperation to diplomatic coordination — more difficult.
This is not the first time India is facing pressure from Washington over its economic alliance with Iran. New Delhi was forced to quit a joint pipeline project with Iran and Pakistan to transport gas. In 2010, India withdrew from negotiations. Pakistan also faces US pressure from the 2,700-km-long pipeline that will start from 2014: US Secretary of State Hillary Clinton warned recently of sanctions.
New Delhi should be guided in the oil import issue solely by its own interests and not by sanctions outside the UN umbrella. The pressure has been on for more than a year. First, payments for Iranian oil imports through banks based in the West were choked. India found a way out by routing money through a Turkish bank. But with pressure mounting on Turkey to close the channel, India and Iran agreed to rupee payments with about half the value of imports to be paid thus. And now, there is pressure to wind down imports from Iran totally, not just on India but also on China and Japan. While Japan is negotiating with the US to keep a part of its imports out of the sanctions, China has thus far ignored them.
INTERESTINGLY, THE new US law targeting Iranian petroleum transactions doesn’t specify by what percentage a nation must reduce its Iranian oil imports to qualify for exemption from sanctions. But given the level of trade between Iran and India, particularly in oil, New Delhi is a top priority target.
Let’s hope that the talks between Iran and the six world powers — the five permanent UN Security Council members plus Germany — continue to progress in the right direction and an agreement is reached at the second round in Baghdad next month. Till then, India has no option but to keep walking the tightrope of diplomacy to strike a balance between its longterm strategic partnership with the United States and its oil dependency on Iran
Looks like a full on all sided betrayal....?
Source
Did some research on it and look what I found:
In response to China’s presence in Gwadar port in Pakistan, India is seeking access to Iran’s Chabahar port which is being built with Indian assistance and can be linked by rail to Central Asia through Hajigak, a mineral-rich area in Afghanistan where India has obtained mining concessions. Chabahar port will help India maintain strong ties with Afghanistan’s Northern Alliance.
Choose the right fuel for economic growth
Abdul Wasey on why India must continue oil trade with Iran despite US ’ dire warnings
SOMETIME IT becomes difficult to immediately categorise a development as good or bad. India’s vaulting to the top of the list of Iran’s oil customers, overtaking China, fall in the same league. New Delhi’s direct imports from Tehran were 4.33 lakh barrels per day (bpd) in the first quarter of this year, compared with China’s 2.56 lakh bpd crude purchase. The Indian import figure was up by around 23 per cent from the 3.51 lakh bpd imported over the same period of 2011 and significantly above its 2011 average of 3.26 lakh bpd.
This development may upset the United States, which is putting overt pressure on India to curtail oil imports from the Gulf nation. The world’s biggest democracy is forcing the world, including other democratic countries, to isolate Iran socially and economically in a bid to thwart its nuclear ambition. It needs to know that persuasion, and not coercion, help find peaceful and long-lasting solutions.
History points out that the effectiveness of sanctions had always been erratic at best and disastrous at worst. The ultimate victims of the economic curbs had been the common people of the target countries. In many cases, sanctions have proved to be counterproductive. The 1990 Pressler sanctions against Pakistan, for example, triggered the country to develop several indigenous capabilities, enabling it to emerge as a nuclear power a decade later.
Again, penalising Iran may be a worthwhile objective but why do the US and Europe want to punish the whole world and drag global economic growth further down? They should understand that cutting trade ties with Iran, which is India’s second largest supplier of crude oil after Saudi Arabia, would be catastrophic. A sudden fuel shortfall can cripple its economy in days. The repercussions can cascade, slowly or quickly, into problems of public order and even public health. It is unfair to blame countries that rely on Iranian oil, such as India, for being reluctant to forgo this source of energy.
India’s unwillingness to estrange itself from Iran is also based on strategic considerations. In response to China’s presence in Gwadar port in Pakistan, India is seeking access to Iran’s Chabahar port which is being built with Indian assistance and can be linked by rail to Central Asia through Hajigak, a mineral-rich area in Afghanistan where India has obtained mining concessions. Chabahar port will help India maintain strong ties with Afghanistan’s Northern Alliance.
The new US-led sanctions push may put Washington and New Delhi on opposite sides of the fence. A falling out over Iran could have repercussions for the budding strategic partnership between the two countries, and make everything else — from trade to defence cooperation to diplomatic coordination — more difficult.
This is not the first time India is facing pressure from Washington over its economic alliance with Iran. New Delhi was forced to quit a joint pipeline project with Iran and Pakistan to transport gas. In 2010, India withdrew from negotiations. Pakistan also faces US pressure from the 2,700-km-long pipeline that will start from 2014: US Secretary of State Hillary Clinton warned recently of sanctions.
New Delhi should be guided in the oil import issue solely by its own interests and not by sanctions outside the UN umbrella. The pressure has been on for more than a year. First, payments for Iranian oil imports through banks based in the West were choked. India found a way out by routing money through a Turkish bank. But with pressure mounting on Turkey to close the channel, India and Iran agreed to rupee payments with about half the value of imports to be paid thus. And now, there is pressure to wind down imports from Iran totally, not just on India but also on China and Japan. While Japan is negotiating with the US to keep a part of its imports out of the sanctions, China has thus far ignored them.
INTERESTINGLY, THE new US law targeting Iranian petroleum transactions doesn’t specify by what percentage a nation must reduce its Iranian oil imports to qualify for exemption from sanctions. But given the level of trade between Iran and India, particularly in oil, New Delhi is a top priority target.
Let’s hope that the talks between Iran and the six world powers — the five permanent UN Security Council members plus Germany — continue to progress in the right direction and an agreement is reached at the second round in Baghdad next month. Till then, India has no option but to keep walking the tightrope of diplomacy to strike a balance between its longterm strategic partnership with the United States and its oil dependency on Iran
Looks like a full on all sided betrayal....?
Source
