After the June 2013 election when Hassan Rouhani became president of Iran, Iranian foreign policy changed course. The fundamental transformation is the result of his decision to open up a fresh dialogue with the United States and other Great Powers to resolve the nuclear stand-off that would end the country’s isolation, lift the biting US-led sanctions and allow Iran to open a new chapter in its economic policy and international diplomacy.
Need to revive Iran-India energy ties
The possible lifting of the sanctions on Iran will lead to a rush for a share of the lucrative Iranian energy pie similar to Myanmar’s opening up last year. India cannot afford to be left behind.