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US Still Studying On Possible Iran Sanctions Waivers

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US Still Studying On Possible Iran Sanctions Waivers

US Secretary of State Mike Pompeo has said that his country is still studying possible waivers of sanctions against countries or businesses that continue commerce with Iran after November 4, the day when second layer of sanctions will come into force against Tehran.

According to AFP, Pompeo, while addressing a press conference said on Friday, “There are still a number of decisions pending before the November 4th deadline that we gotta make about waivers, potential waivers.”

However, at the same time he maintained the US administration’s firm position toward Tehran, which is accused of interference throughout the Middle East.

He further said, “Come November 4th, there will be a fundamentally different set of rules” regarding “anyone who deems it necessary to engage in economic activity with the Islamic Republic of Iran. It is a big important day.”

Replying to a question, Pompeo said he did not know if sanctions would hit managers of Swift, the international financial messaging system, if they continue to deal with Iran.

Read More: US: Contradictory reports on impact of anti-Iran sanctions on India

The European Union, which continues to back the Iran nuclear accord, has tried unsuccessfully to obtain widespread waivers and many of its bigger companies have already pulled out of the country for fear of US penalties.

US Still Studying On Possible Iran Sanctions WaiversMoreover, Pompeo has also criticised his Obama-era predecessor John Kerry for “actively undermining” US policy on Iran by meeting several times recently with the Iranian foreign minister Mohammad Javad Zarif, who was his main interlocutor in the Iran nuclear deal negotiations.

He said Kerry’s meetings with Mohammad Javad Zarif were “unseemly and unprecedented” and “beyond inappropriate.”

President Donald Trump had late Thursday accused Kerry of holding “illegal meetings with the very hostile Iranian Regime, which can only serve to undercut our great work to the detriment of the American people.”

Washington seems to be still undecided on how to handle the situation and go ahead on imposing second layer of sanctions against Iran from November 4.

As recent as Thursday, Manish Singh, assistant secretary of state for economic and business affairs, told lawmakers during a Congressional hearing that US is prepared to take “strongest action” against countries and entities who are found not complying with the Iranian sanctions, including to zero the purchase of crude oil from Iran.

Read More: Iran’s Khamenei: US plots failed in Middle East

She said, “We are prepared to take the strongest actions possible on people who will not assist us in complying with this new range of sanctions that we are putting back into place,”

The US official said that US has told India and other countries to cut oil imports from Iran to “zero” by 4 November or face sanctions, making it clear that there would be no waivers to anyone.

Iran is India’s third largest oil supplier after Iraq and Saudi Arabia. Tehran supplied 18.4 million tonnes of crude oil during April 2017 and January  this year.

She was responding to a question raised by Congressman Eliot Engel, asking “If any of the major buyers of Iranian crude, which is China, India, Japan, South Korea, and Europe, if they refuse to sharply cut their purchases, are we really prepared to cut their banks off from the global banking system, which is the penalty under the US sanctions? Are we really prepared for that?”

Manish Singh said, “In response, we are prepared to take the most serious actions possible on Iran. We need to demonstrate to the Iranian regime that we will not tolerate its development of a nuclear program for illicit purposes.”

“We are talking with all of our allies, including the countries that you mentioned, helping them to understand that the only way that we can achieve this global goal of Iran’s nuclear program not commencing is through partnership and cooperation with our allies as you have indicated,” she said.

Engel followed up another question saying, “China is Iran’s top, top oil purchaser. Will they get to zero by November?”

Manisha Singh responded saying that, “We are working with all countries, including China, to get them to zero. We’ve made it clear that unless we act as a global community, Iran’s behaviour is not going to change.”

US Still Studying On Possible Iran Sanctions WaiversRecently India and US held 2+2 dialogue involving Minister of External Affairs Sushma Swaraj and Defence Minister Nirmala Sitharaman from India side with US Secretary of State Mike Popmeo and Defence Secretary James Mattis on September 6. However, pressure is being mounted from Washington, but final word has yet to come, as indicated by Pompeo himself on Friday.

Read More: India, US Sign Key Defense Agreement

US administration, after withdrawing from multilateral Iran nuclear deal, also known as JCPOA, in May this year, has imposed first layer of sanctions against Iran in August while the second layer of stricter sanctions will be imposed on November 5.

However, there are indications from Washington that their officials could not make a final formula on how to impose sanctions against Iran for bringing down its oil export to “Zero level”. Tehran has also warned that if Iranian oil movement will be stopped then no other country will be able to export oil from the region.

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PM Modi’s Canada visit could help wrap trade talks, says Canada PM Mark Carney

Canadian PM Mark Carney said he is looking forward to hosting PM Narendra Modi, with both countries aiming to conclude their ongoing trade negotiations.

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Canadian Prime Minister Mark Carney has said he is looking forward to hosting Prime Minister Narendra Modi, as India and Canada continue efforts to advance their bilateral relationship and conclude ongoing trade negotiations.

The two countries have been working towards a Comprehensive Economic Partnership Agreement (CEPA), with both sides previously setting a target to conclude the negotiations in 2026.

Carney and Modi have held discussions on strengthening economic ties between India and Canada, including trade and investment. Their engagement has gained momentum following Carney’s visit to India earlier this year.

India-Canada trade talks

India and Canada formally resumed efforts towards a broader trade agreement after a period of strained bilateral ties. The two sides have committed to advancing negotiations on a CEPA covering their economic relationship.

In June, Carney and Modi reviewed progress in bilateral economic cooperation during their meeting on the sidelines of the G7 Summit in France. They expressed satisfaction with the progress in CEPA negotiations and reaffirmed their shared objective of concluding the talks in 2026.

During Carney’s visit to India in March, the two leaders had also agreed to accelerate negotiations on the CEPA and work towards finalising the agreement during 2026.

Modi’s proposed Canada visit

Carney had invited PM Modi to visit Canada in 2026, and the two leaders agreed to remain engaged through diplomatic channels to work towards a mutually convenient date for the visit.

The proposed visit comes as New Delhi and Ottawa seek to build on renewed diplomatic and economic engagement, with trade negotiations remaining a key part of the relationship.

The focus on completing the trade talks comes as both countries look to expand commercial ties and establish a broader economic framework through the proposed CEPA.

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Trump issues fresh Iran warning at UN General Assembly, signals deal after midterms

US President Donald Trump issued a fresh warning to Iran during his UN General Assembly address, saying he faces a choice between a deal and further escalation.

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US President Donald Trump used his address to the United Nations General Assembly on Tuesday to outline what he described as a major decision over Iran, putting the possibility of a deal against further military escalation.

Speaking at the UN in New York, Trump said he had a “big decision” to make. He questioned whether the United States should pursue an agreement that would allow Iran to rebuild or instead take further action against the Islamic Republic.

Trump later indicated that he believed an agreement with Iran could be reached after the US midterm elections, which are scheduled for November 3.

Trump says deal with Iran remains possible

During his speech, Trump presented two possible paths. He said a deal could allow Iran to rebuild and become a stronger country, while also raising the possibility of destroying the Islamic Republic if an agreement was not reached.

Trump said he believed a deal could eventually be reached, arguing that Iran was waiting to see the outcome of the US midterm elections.

His comments came amid the continuing US-Iran conflict and renewed diplomatic activity surrounding the confrontation. Trump’s UN appearance came as Washington was also engaged in discussions with multiple international leaders over the Iran conflict and other global issues.

Iranian delegation walks out during Trump’s speech

The Iranian delegation reportedly left the General Assembly chamber as Trump began describing the military confrontation with Iran.

According to the report, only one person from the Iranian delegation remained seated as Trump spoke about the conflict and the military strikes of the past six months.

The walkout came as tensions between Washington and Tehran remained high, with both sides facing pressure over the continuation of the conflict.

Trump’s latest warning follows earlier comments

Trump’s UN remarks came days after he said he was approaching a major decision over whether to intensify military action against Iran or pursue another route.

He had also indicated before his UN appearance that he could be open to meeting Iranian President Masoud Pezeshkian during the UN General Assembly in New York.

The possibility of renewed negotiations comes against the backdrop of continuing military and diplomatic tensions between the two countries.

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Visegrad Group backs India’s bid for permanent UN Security Council seat

India’s bid for a permanent UN Security Council seat received collective backing from the four Visegrad Group countries at a meeting in New York.

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India’s campaign for a permanent seat on the United Nations Security Council received fresh backing from four Central European countries at a meeting on the sidelines of the 81st UN General Assembly in New York.

The Visegrad Group, comprising Poland, Hungary, Slovakia and the Czech Republic, backed India’s call for permanent membership of the UN Security Council.

The support came during the first V4+India foreign ministers’ meeting involving External Affairs Minister S Jaishankar and his counterparts from the four-member grouping.

What Slovakia said on India’s UNSC bid

Slovak Foreign and European Affairs Minister Juraj Blanar said the four Visegrad countries agreed that India should have a permanent place on the UN Security Council.

Blanar described India as a country from the Global South and an emerging power in the Indo-Pacific region while expressing the group’s support for India’s permanent membership.

The statement was made after the meeting with Jaishankar in New York.

India has been seeking reform of the Security Council, including permanent membership, arguing for greater representation of today’s global political landscape.

India and V4 agree to deepen cooperation

The meeting was not limited to the Security Council issue. Jaishankar said India and the four Visegrad countries agreed to strengthen cooperation across several areas.

The countries agreed to hold annual meetings of foreign ministers and establish an annual business forum to deepen economic engagement.

The discussions also covered technology and innovation, research and education, defence, space, connectivity, culture and people-to-people relations.

Jaishankar described the first V4+India meeting as a “new historic occasion” and said India had very good relations with the four countries.

The ministers also discussed major international developments, including the conflict in Ukraine and developments in the Gulf.

What is the Visegrad Group?

The Visegrad Group, also known as V4, is a regional grouping of four Central European countries — Poland, Hungary, Slovakia and the Czech Republic.

The group was established in 1991 and provides a platform for cooperation in areas including political, economic, security and other matters.

India seeks permanent seat on UN Security Council

The UN Security Council currently has 15 members, including five permanent members — China, France, Russia, the United Kingdom and the United States — and 10 non-permanent members elected for two-year terms.

India has been seeking comprehensive reform of the Security Council and a permanent seat as part of that process.

The backing from the Visegrad Group adds four more countries to the list of nations supporting India’s permanent-membership demand. However, the V4 countries’ support by itself does not change the existing structure of the Security Council or complete the UN reform process. Any expansion would require the necessary agreement among UN member states and changes to the UN Charter.

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