India’s ambassador to the United States said Friday it is unrealistic to expect the South Asian nation to cut its import of Iranian oil overnight but a reduction is gradually occurring.
“But the share of Iranian petroleum imports is going down as we speak, and there has been a significant reduction, and I see that reduction being even more reinforced in the weeks and months to come.”
“We are alert to all these needs at the moment and we take the situation seriously,” Ms. Rao said.
“We are not dismissive of the constraints and the developing nature of the situation. We pay very close attention to it and we are responding,” she added.
Energy security is vital for a country like India, where 500 million people in a population that exceeds 1 billion do not have electricity.
All the major Indian companies that were doing business in Iran have scaled down operations, and many have left the Islamic republic.
U.S. officials say India needs to do more.
Last month, Secretary of State Hillary Rodham Clinton exempted 10 European nations and Japan from U.S. sanctions on Iran because they have “significantly reduced” their oil imports from the Central Asian nation.
India was missing from the list.View Entire Story
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Ashish Kumar Sen is a reporter covering foreign policy and international developments for The Washington Times.
Prior to joining The Times, Mr. Sen worked for publications in Asia and the Middle East. His work has appeared in a number of publications and online news sites including the British Broadcasting Corp., Asia Times Online and Outlook magazine.
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