The Hindu reports that Iranian Deputy Ambassador to India Massoud Rezvania Rahaghi told a gathering in New Delhi: “if India were to replace Iran with countries like Saudi Arabia, Russia, Iraq, U.S. and others for the 10% of its oil demand then it may have to revert to dollar-denominated imports which mean higher CAD and deprivation of all other privileges Iran has offered to India.” 

Ambassador Rahaghi expressed his regret that “Indian investment promises for expansion of Chabahar port and its connectivity projects have not been accomplished so far” and called on New Delhi to “take immediately necessary measures in this regard if its cooperation and engagement in Chabahar port is really of strategic nature.” He said Iran was a ““blessing” for India providing it access to Central Asia.

Posted by CPEC Wire Staff

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