Courtesy:
After 12 years of negotiations on Iran's civilian nuclear program between Iran and the P5+1 countries, a Joint Comprehensive Plan of Action (JCPOA) was announced on July 14. Neelam Deo, Director, Gateway House, sits down with Dev Lewis, Gateway House, to discuss the agreement, how the sanctions will be lifted, and what a re-emerged Iran means for India and the middle-east
Courtesy: Wikipedia
The announcement in June of a Saudi-Israeli alliance against Iran has to be seen in the context of the strategic dimensions of India’s relations with Saudi Arabia, Israel, Iran, and the U.S. And it has far-reaching implications for India’s policy towards West Asia
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: U.S. Senate/Wikimedia Commons
Hardliners in the U.S. argue that the Obama administration’s eagerness to declare success has given Iran an advantage in the negotiations on its nuclear programme. Even if the agreement between the U.S., its partners, and Iran is finalised in the coming days, Obama has the tough task of convincing the U.S. Congress to lift sanctions
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: Wikipedia
The price of petroleum has risen by almost 40% since February 2015 because of geopolitical tensions. This spike underlines the need for India to hedge its energy imports using a mix of financial markets and asset purchases
Courtesy: Turkish Museum archive
The Turkish naval ship TCG Gediz was in Mumbai recently, retracing the Ottoman frigate Ertuğrul’s 126-year-old voyage, when it stopped here while on its way from Istanbul to Yokohoma. To commemorate this anniversary, the Consulate of Turkey in Mumbai and Gateway House jointly hosted a lecture by Sifra Lentin on the significance of this historic passage
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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
As the UN, U.S. and EU sanctions against Iran begin to be lifted, synchronised with Iran fulfilling its obligations on the nuclear issue, there will be a much greater interaction between India and Iran which will certainly benefit both countries.
