Akshay AgrawalAIR 43 · CSE 2018 · 183 wordsTheir whole copy
Opening · a definition
The Joint Comprehensive Plan of Action (JCPOA) was a deal between P5+1 (Permanent-five of UNSC + Germany) and Iran which required Iran to use nuclear energy only for civilian purposes. In turn, sanctions on Iran would be lifted. Recently, US Prez. Donald Trump has announced scrapping of the JCPOA.
This will have tremendous impact on India as Iran holds an important geostrategic position for India's interests.
Body · points
Areas affected:
Geopolitical: Rift between USA and Iran would be difficult to manage for us as we need to have good relation with both,
Economix: Iran is our doorway to Central Asia and is an important partner in Chabahar port, International North South Transport Corridor (INSTC).
Energy security: We import crude oil & natural gas from Iran. Also, the project of a gas pipeline from Iran is important for our energy security.
Measures to buffer consequences:
Maintain neutrality and not taking sides in such cases -> following non-alignment.
Secure our economic and political interests by strengthening relationship by using economic aid, cultural relationship and our soft power, exploring currency swapping agreements etc.
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