Courtesy: East Asia Forum
The nuclear deal with Iran benefits India and Pakistan in terms of energy security and connectivity. But both countries also face challenges in their prospective engagement with Tehran, and both will have to tread carefully while using the new opportunities.
Courtesy: Europe, Integration and Foreign Affairs/Wikipedia
A month after Iran’s milestone nuclear deal with the P5+1 countries, the fine print is being scrutinised by hardliners in Iran and the deal will eventually be prepared for implementation by President Rouhani’s government. India, poised to revitalise bilateral trade, will be among many countries that can now benefit from robust business ties with the Persian Gulf country.
Courtesy: Wikipedia
A journey which began in Istanbul in 2012 ended in triumph in Vienna in July 2014, as the P5+1 countries and Iran announced a Joint Plan of Comprehensive action that would see Iran free of all economic sanctions while upholding the right to a civil nuclear programme. While this journey, fraught with challenges, technically is over, the ratification battle in the U.S. congress commences now
Courtesy: Wikipedia
The landmark deal between Iran and the P5+1 countries will gradually phase out all international sanctions on Iran and pave the way for Iran's re-entry into the global economy. How will this affect the chaos in the middle-east and what are the opportunities for India?
Courtesy: Wikipedia
A possible Iran nuclear deal means a longer window of lower oil prices. But the glut of oil supplies is already resulting in cutbacks to oil exploration and production spending, and will eventually lead to higher energy prices. Before that happens, India must use this opportunity to lock in prices
Courtesy: Marzieh Soleimani, Islamic Republic News Agency
Iran's nuclear deal deadline is looming large, and sparks are already flying. While there is opposition to the deal from Israel, within Iran there are powerful interest groups driven by ideology and business interests, who are doing as much as possible to prevent a deal from being reached
Courtesy: Alamy
UK may be on its way to becoming a petro state, again, on back of an oil discovery that may be a whopping 100 billion barrels. The world is awash with cheap energy, and Indian companies need to seize the opportunity to acquire upstream energy assets.
Courtesy:
If the sanctions against Iran are eased following the April 2 agreement with the P5+1 on the country’s nuclear programme, it will increase global oil and gas supplies, bringing stability to energy markets. It could also resolve the issue of the Farsi Block in Iran, where further exploration of gas by Indian companies has been held back
Courtesy: Wikipedia
One of the long-standing issues in the Iran-P5+1 negotiations was Iran's Arak nuclear reactor because of its potential to produce weapons grade plutonium. The recent Iran-P5+1 agreement includes a resolution that has specific measures to ensure it is not used to used to produce nuclear weapons
Courtesy: Zuma Press
The JCPA between Iran and the P5+1 countries is being welcomed positively in Iran. President Rouhani was elected in 2013 on a platform to to improve Iran's relations with the world and majority of Iranians wait anxiously for the improved socio-economic benefits that will follow