Wait...
Search Global Export Import Trade Data
Recent Searches: No Recent Searches

US in talk with India, Turkey on Iranian oil import issue.


Date: 23-03-2012
Subject: US in talk with India, Turkey on Iranian oil import issue
The US is in touch with several countries including India and Turkey to how to "significantly reduce" their dependence on Iranian oil to avoid American sanctions in this regard, a state department official said.

"We are working hard with India to see if we can help with regard to reducing the country's dependence and the dependence of any of the other countries on Iranian crude, and looking at alternative sources of supply as well," Victoria Nuland, state department spokesperson told reporters.

"Our conversations continue with all the other countries that want to talk to us who continue to have issues with the amount of Iranian crude that they import. India is one of those countries," she said in reply to a question.

When asked what actions the US was contemplating against those nations who are importing Iranian crude, Nuland said "I don't have anything to announce, and our bilateral consultations continue with a whole raft of countries that have not yet been exempted."

Secretary of state Hillary Clinton, a day earlier, had announced a list of 11 countries -- that included mostly from Europe and Japan being the only Asian country -- that have been exempted from US sanctions on Iran.

India, China, Turkey and South Korea are among the rest of the 12 countries whose cases are being reviewed now.

"The National Defense Authorization Act establishes sanctions related to transactions with the Central Bank of Iran and other US-designated Iranian financial institutions. The law also includes an exception for countries that significantly reduce their volume of purchases of Iranian crude oil," the state department said in a statement.

"We will not comment on the status of ongoing diplomatic discussions. We expect countries that want to be considered for an exception to specify the actions they are taking to reduce significantly their imports of Iranian crude oil," the state department said in an emailed statement to reporters in response to a question.

Source : hindustantimes.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 06-06-2025
Notification No. 13/2025-Customs (ADD)
Seeks to impose Anti Dumping Duty on imports of ‘Insoluble Sulphur’ originating in or exported from China PR and Japan.

Date: 30-05-2025
Notification No. 31/2025-Customs
Seeks to i. extend the specified condition of exemption to imports of Yellow Peas (HS 0713 10 10) to bill of lading issued on or before 31.03.2026; ii. to reduce the basic custom duty on crude soya bean oil (HS Code 15071000), crude sunflower oil (HS Code 15121110), and crude palm oil (HS Code 15111000) from 20% to 10%

Date: 30-05-2025
Notification No. 38/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver

Date: 26-05-2025
NOTIFICATION No. 37/2025-Customs (N.T.)
Notification of ICD Jalna, Maharashtra u/s. 7(1)(aa) of Customs Act, 1962" and it was issued under Section 7(1)(aa) of Customs Act, 1962

Date: 23-05-2025
Notification No. 30/2025-Customs
Seeks to amend notification No. 55/2022-Customs dated 31.10.2022 to remove the condition required for availing exemption on Bangalore Rose Onion.

Date: 23-05-2025
NOTIFICATION No. 36/2025 - Customs (N.T.)
Amendment in the Notification No. 63-1994-Customs (N.T) dated 21.11.1994 in respect of Land Customs Station, Raxaul

Date: 15-05-2025
Notification No. 34/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver

Date: 09-05-2025
Notification No. 29/2025-Customs
Seeks to exempt works of art and antiques from Basic Customs Duty

Date: 30-04-2025
Notification No. 02/2025-Customs (CVD)
Seeks to amend Notification No. 05/2024-Customs (CVD) dated the 11th September, 2024 so as to align with changes made vide Finance Act, 2025

Date: 30-04-2025
Notification No. 26/2025-Customs
Seeks to rescind Notification No. 04/2025-Customs dated the 1st February, 2025



Exim Guru Copyright © 1999-2025 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001