|India rebuffs West’s sanctions on Iran: U.S. Congress||
India has been hesitant to implement the West’s unilateral embargoes against Iran due to New Delhi’s reliance on its extensive ties with Tehran, a new U.S. congressional report says.
“India is implementing UN sanctions against Iran but its cultural, economic, and historic ties--as well as its strategic need for access to Afghanistan-- have made India hesitant to adopt all aspects of U.S. and EU sanctions on Iran,” the bipartisan Congressional Research Service said in its latest report on Iran.
According to a report by the Associated Chambers of Commerce and Industry of India in early January, India’s exports to Iran grew by 17 percent from April to June 2012, reaching USD705.8 million.
The United Nations Security Council has imposed four rounds of US-engineered sanctions against the Islamic Republic. The Security Council's measure was followed by a series of illegal unilateral embargoes against Iran by the U.S. and the European Union.
The United States, Israel, and some of their allies have repeatedly accused Iran of pursuing non-civilian objectives in its nuclear energy program.
Iran argues that as a signatory to the nuclear Non-Proliferation Treaty and a member of the International Atomic Energy Agency, it is entitled to develop and acquire nuclear technology for peaceful purposes.
(Source: Press TV)
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