HomeNewsBusinessEconomyUS asks India to go slow in boosting trade ties with Iran

US asks India to go slow in boosting trade ties with Iran

Diplomats are negotiating to fill the gaps in an April 2 framework agreement that would curb Iran's nuclear programme, allaying Western fears it could develop an atomic bomb, in return for relief from international sanctions.

April 30, 2015 / 10:04 IST
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The United States wants India and other countries to wait for a final nuclear deal between Tehran and world powers before actively engaging with Tehran, US Under Secretary Wendy Sherman said on Wednesday.

"I would say 'hold your horses'. We are not quite to an agreement yet," Sherman said, referring to India and other buyers of Iranian oil that want to increase their trade ties with Tehran.

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Diplomats are negotiating to fill the gaps in an April 2 framework agreement that would curb Iran's nuclear programme, allaying Western fears it could develop an atomic bomb, in return for relief from international sanctions.

However, the United States has said that further tough negotiations lie ahead and no guarantees that a deal will be secured by a June 30 deadline.