India and Iran share a historic relationship spanning over centuries.
In the current atmosphere of growing geopolitical crisis, Iran has emerged as a significant regional player in West Asia. It is a major source of crude oil to India and is key to India’s connectivity with Afghanistan and Central Asia. More recently, India’s investment in Chabahar port has further strengthened the India- Iran relationship.
The latest round of US sanctions on Iran has destabilized its economy, leading to increased tension for shipping in the Gulf region. Moreover, the US sanctions waiver to India among other countries, which expired recently, has led to new roadblocks for transaction for both countries.
The round table discussed the tensions in the West Asia, the growing uncertainty in the region, the role of big powers and how India and Iran can cooperate in areas of connectivity, energy security and security, in the region, in this testing time.