Asia

India adopts new political strategies to reduce the impact of tensions between Israel and Iran on its trade

IranGate
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India adopts new political strategies to reduce the impact of tensions between Israel and Iran on its trade

India is taking new political measures to reduce the impact of tensions between Israel and Iran on its trade.

Sunil Barthwal, Deputy Minister of Commerce of India, announced on Tuesday, April 15, that the Indian government is set to adopt a new policy after thoroughly examining the potential impact of Iran and Israel’s conflict on the country’s trade in order to reduce this impact.

Mr. Barthwal stated that political interventions will only be made after receiving the risks that traders are facing. The government will definitely address whatever is necessary.

India, as the world’s third-largest importer and consumer of oil, imports a significant volume of its oil from the Middle East.

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