India Thursday said it was engaged with the US, Iran and other stakeholders on the issue of American sanctions on import of Iranian oil which will come into effect from November 4.
Spokesperson in the Ministry of External Affairs Raveesh Kumar said India has already conveyed to the US about its position on the matter.
Asked about how India will make the payments to Russia for the S-400 missile deal, Kumar said India is also engaged with the US on the issue.
"We are engaged with the US on the matter. We have shared our position with the US sides at different levels. These discussions have contributed to a better understanding by the US about our objectives and concerns as well as our sensitivities and expectations," he said.
On October 5, India and Russia signed the USD 5 billion S-400 air defence system deal, notwithstanding US sanctions on military transactions with Moscow.
On US sanctions on import of Iranian oil from November 4, Kumar said, "Our discussions are on with Iran and other stakeholders. It will not be proper to go into the details how we will deal with the situation."
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
