Sanctions will not impact trade with Iran: India

Describing Iran as a key trading partner for energy, India on Thursday made it clear that unilateral sanctions by the US and European Union will not be allowed to impact trade between the two countries.

External Affairs Minister S.M. Krishna had wide ranging talks with his Iranian counterpart Ali Akbar Salehi here on a wide range of issues that included Iran's nuclear programme, bilateral economic ties, energy cooperation and terrorism.

"India has always abided by the resolutions of the United Nations Security Council. In a globalised world such unilateral actions tend to impact on the market. Such measures should not impact on legitimate trade interests," Krishna said at a joint press conference with Salehi.

He said Iran is an important neighbour and crucial trade partner for India and also a major source of "our energy supplies".

Salehi lauded India as a forerunner of the Non-Aligned Movement and invited Prime Minister Manmohan Singh to visit Tehran for the 16th NAM summit.

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Sanctions will not impact trade with Iran: India

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