A problematic aspect of the unilateral economic sanctions regime is the targeting of third or neutral countries that engage in any sort of trade or commerce with the targeted state. The widespread use of this economic tool warrants an enquiry relating to their legality under international law
Iran’s oil and gas reserves and its location that makes it vital to several overland trade routes give it tremendous advantages
The Ukraine war will change the world in fundamental ways. For a country like India, it becomes imperative now to develop its own systems and infrastructures that are immune to international bullying.
Oil shocks, disruption in imports of weapons and technology and exports of tea and medicines, opportunistic neighbours, and other dangers to watch out for as the situation escalates over 4,000 km away.
Students stuck in various cities of Ukraine said that sirens were sounded across Ukraine while explosions were reported in cities such as Kyiv, Kharkiv and Lutsk among many others.
Russia is on a strong footing, with better economic conditions, diversified forex reserves and reduced reliance on US dollar
Even superpowers must learn to live with regimes they dislike.
Senior US State Department official says that unlike on previous occasions, there will be no concession for allies who engage in trade with Iran.
Last month the House Foreign Affairs Committee approved legislation that would impose stricter sanctions against Tehran, while the Senate resolved the US should back Israel if it's forced to take military action against Iran.
With severe economic sanctions against Iran by the West hitting its oil procurement from there, India is looking out and is in talks with Tajikistan to import oil to meet its energy deficiency.
Iran, which is reeling under tough economic sanctions imposed by the US and European Union over its controversial nuclear program, today sought foreign investment in renewable energy sector.
Myanmar votes on Sunday in its third election in half a century, a crucial test of its nascent reform credentials that could propel opposition leader Aung San Suu Kyi into parliament and convince the West to end sanctions.