India - India becomes one of 8 countries to get waiver on Trump's Iran sanctions; here's how.

India has become one of the eight countries to get a waiver on the sanctions re-imposed on Iran by the Donald Trump administration. United States secretary of state Michael Pompeo on Friday said that eight governments that have taken "important moves" towards reducing Iranian oil imports to zero are going to receive temporary waivers.

To get the waiver India agreed to cut imports and escrow payments from Iran. As per news agency PTI, India told the US that it was willing to restrict monthly oil purchase from Iran from 22.6 million...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT