US-Iran tension and India's interest

हिंदी गुरुजी January 21, 2020 International No comments :

The clouds of the war in West Asia for the last several months changed to Fire in the first week of January 2020. When the US killed Iran's Supreme Commander Qasim Sulemani with a drone attack near Baghdad Airport. In retaliation to the Iranian public's outrage, Iran also attacked the US Embassy in Baghdad and US military bases in Irbil and Al-Assad with missiles.

India is not directly involved in this struggle. But under the present global conditions, military conflict in any corner of the world results worldwide. India is also not untouched by this because about eight million Indians are employed in the countries of West Asia. Which send about 40 billion dollars of foreign currency to India every year. Even during the Gulf War, the Indian government had evacuated millions of Indians from the war zone. After the current tension, the Foreign Ministry has issued a directive asking citizens living in Iraq to be vigilant. Indian aviation companies have also been advised to avoid using the airspace of Gulf countries.

India is dependent on the countries of West Asia in terms of crude oil imports. America has already imposed economic sanctions on Iran. Due to this, India is not importing more crude oil than that. Nevertheless, the effect of instability in this sector will be in the form of increase in the prices of crude oil. India imports 80 to 85 percent crude-oil. The rise in crude oil prices will have a negative impact on the Indian foreign exchange reserves. It is a matter of satisfaction that currently the foreign exchange reserves are at the level of 457 billion dollars. Crude oil prices have reached $ 70 per barrel due to the current conflict. The whole world is troubled by the recession in the global economy. India has also reduced its GDP figure to 5% in the current financial year. Along with rising unemployment in India, inflation will also increase in the present circumstances. Which can increase the difficulties of Finance Minister Smt Nirmala Sitharaman before the budget. Prime Minister Narendra Modi's dream of a $ 5 trillion economy will not become a reality if current tensions do not subside.

Rice worth 40 thousand crores is exported from India. 34% of this basmati rice goes to Iran alone. Last year 1.4 million tonnes of rice were exported to Iran. Haryana Rice Mill Association President J.P. s. According to Singla, rice mills in North India, especially Haryana, will suffer a great economic loss in the event of tension in Iran. Because most of their cargo is stuck at ports. Apart from this, the payment of rice sent earlier to Iran has also not been paid yet.

India has good diplomatic relations with Iran. Has spent billions of dollars in the development of a port of strategic importance in India. With the help of Chabar port in this region, India has access to countries in Afghanistan and beyond. This port played a significant role in sending wheat consignments to Afghanistan last year.

Strategic partnerships in the US and India have also increased in the last decade. In the event of war, America can ask for many types of military assistance from India. This situation will be endangering religion for India. A similar situation was created during the Gulf War in 1991. When the US wanted fuel filling facilities in its military aircraft from India. But the then government of India rejected this demand of America. But today's circumstances have changed a lot.

In today's global scenario, it would be prudent to avoid tensions. At the present time war does not fulfill the objectives of any country. The US also does not want war because it has been fighting in Afghanistan and the Gulf areas for a long time. In which thousands of his soldiers have been martyred. The US is also in the final stages of talks with the same Taliban to withdraw its forces from Afghanistan, whose terrorists shook America in the 9/11 terror attack. The US also wants to evacuate its own and friendly NATO troops from Iraq, soldiers who have been stationed in Iraq since the Gulf War. So it is the responsibility of all the world's top leaders and diplomatic experts that they Do not let the US and Iran move ahead with the circumstances and continue your efforts towards peace.