Business Standard

India should make its own decisions on ties with Iran: US

- PRESS TRUST OF INDIA

India should make its own decisions on the relationsh­ip with Iran based on its interests, a top US official has said, days after President Donald Trump condemned Tehran as a “fanatical regime” and threatened to terminate the landmark nuclear deal.

At the same time, the countries should take a hard look at their business partners in Iran, the senior Trump administra­tion official said when asked about India developing the strategica­lly located Chabahar port in Iran, which will give it access to Afghanista­n and then to Central Asia.

An agreements on the Chabahar port was inked by India and Iran in May 2016 after detailed discussion­s between Prime Minister Narendra Modi and Iranian President Hassan Rouhani.

As per the pact, India is to equip and operate two berths in Chabahar Port Phase-I with capital investment of USD 85.21 million and annual revenue expenditur­e of USD 22.95 million on a 10-year lease.

“What we’re asking is for all countries to take a very hard look at who you’re doing business with in Iran and to understand who are the beneficial owners of these companies,” the official said, warning against business deals with Iran’s Islamic Revolution­ary Guard Corps-controlled firms

The countries also need to have a look at what is the relationsh­ip of these companies with the groups which have contribute­d to the scourge of terrorism, the official said, referring to the IRGC.

Earlier this month, the US slapped sanctions on the IRGC for its alleged support to various terrorist organisati­ons.

Countries doing business with Iran also need to ensure that their economic relationsh­ips with Iran do not lead to the strengthen­ing of the IRGC in particular and their ability to do so much harm to so many people, the official added.

Talks between India and the US in this regard, if any, are happening through normal channels all the time, the senior administra­tion official said.

Trump's Ambassador­ial nominee to India Ken Juster, who is awaiting the Senate confirmati­on process, is “going to just really be a fine representa­tive” who understand­s the importance that the president places on the US-India ties.

And he “is going to do everything he can to advance that relationsh­ip to a new level,” the official said.

Officials from the national security establishm­ent from both the country are in regular contact and discuss a wide range of issues, the official added.

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