Iran- India relations
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Revision as of 15:49, 20 July 2015
2014
The Times of India, Jul 20 2015
India- Iran, export and import, year-wise 2000-14; Graphic courtesy: The Times of India, Jul 20 2015
Following the report by the International Atomic Energy Agency regarding Iran’s noncompliance with safeguard agreements and Iran’s nuclear activities, the UNSC imposed a series of economic sanctions. The first of these sanctions were imposed in December 2006. An analysis of India’s trade with Iran shows a significant increase after these sanctions. Iran’s exports of goods to India were 1.8% of its total exports in 2000. This increased to 15.9% in 2014. In this period, Iran’s imports from India as a proportion of its total imports also increased from 1.8% to 5.1%.
