India will reportedly pay for Iranian oil in rupees as the two countries seek to bypass the US economic pressure on Tehran, industry officials have told the Sputnik news agency.
Under the deal, the payments for oil will be made through India’s state-run UCO Bank, which has no US exposure. The countries are also discussing the barter-like system to avoid US sanctions, Sputnik reports.
Iranian Foreign Minister Mohammad Javad Zarif is on a visit to India this week, where he has met with Indian counterpart Sushma Swaraj. “During the talks, the two sides also exchanged views on a further expansion of ties in banking, energy, trade, insurance, shipping, use of national currencies, Chabahar projects and Chabahar-Zahedan railway,” Zarif said in a statement.
India’s Swaraj said the country would ignore the US trade sanctions against Iran. “India will comply with UN sanctions and not any country-specific sanctions,” Swaraj said. Iran is India’s third-largest oil supplier. India bought a record 27.2 million tons of oil from Tehran during the last financial year, which ended in March 2018. It represents a 114 percent increase on the previous year.
USA checked their accounts and realized most of their imports are from China. Basically, they are losing billions of dollars to China and this is why they are not happy. They import more than they export to China, and they are not used to being on the unfair end of a trade. Tariffs are meant to prevent Americans from importing Chinese products in favor of American items. Americans can’t escape this one because the only way is to reduce the minimum wage to match that of the Chinese, which they can’t. Tables are turning and they can do nothing about it.
Fuck uncle Sam bila Lube.Ako wapi patco aseme vile India itafungiwa kampuni zake na kunyimwa msaada.America wapepetwe makalio bana.Huu upuss wao utakuja kuisha dola ikipungua thamani yake
why should india buy iran oil with US dollars yet US has nothing to do with the trade? these are the kind of questions people ask themselves when you become fat and arrogant such that you start dictating what happens in others’ houses. sooner or later your neighbours become resentful.
Americans need those Indians. Some of the best chief computer code techs in Lockheed, Raytheon, Northrop etc. are Indian. Indians are the best coders in the world (but you knew this already). If US does not buy them, China will buy them at throwaway price. Closing the USA to immigration means sidelining of the USA.
Ni juu Trump alipull out of nuclear deal meaning watarudisha sanctions. Imebaki China na Russia waingia deal kama hii na Iran alafu baas, the sanctions effects will be somehow mitigated.
Increase their presence in Syria by proxy because Iran winning that proxy war means a direct route to them. So, given past behavior by Israel, it will be cyber attacks on the banks and finding a way to convince US and it’s trading partners to make Irans progress in achieving that goal very difficult(again, trade sanctions)
When the Shah was deposed by the Ayatollah the U.S. lost a powerful middle eastern ally. It was a genuinely people-driven revolution that even Washington did not see coming. They would like to enjoy the influence they had over Iran again under the Shah.
Do you know that the U.S. is the one that supplied Iran with its first nuclear reactor? It is still operational.
kwani ndio mara ya kwanza umeskia of RT news ya Putin and it’s sensational headlines and sensational news?!
News kama hii ni kawaida sana RT News or Russia Today news. Hehe huwa wanaficha the word Russia ndio msijue haraka hio propaganda inatoka wapi. Hata Kenya wakasema this year they won’t buy X commodity from U.S. for a simple reason, kwa RT News itakuwa : Africa shifting alliance from America.
Na wewe ukiona you clap your hands very happily without full facts. Inaitwa disinformation.
Israel cannot marginalize the USA and Europe. They will be uprooted. If the sentiments of Merkel and Macron is anything to by, it would appear the Europeans do not support the unilateral withdrawal of the USA from the JCPOA. Self isolation is not a viable survival option for both the US and Israel.
They made statements, yes, but the fact remains that they can’t afford to get locked out of the US banking system. At least not for now. Wataongea but watatii. Ni diplomacy.
Indians are not “just ok”. Najua umesoma na hao watu kwa class moja hoping uko kwa “pure science” field. Mimi nimesoma nao. Wako sawa. This is not very palatable lakini in order of merit (at math): Asian, Caucasian, Black. Read This. I think closing out input from Indians is not a smart move.
