| Summary/Abstract |
After years of discussions and debates on whether Iran should be freed from restrictions and sanctions which had been imposed 12 years ago, the Islamic Republic finally got some relief when the P5+1 signed a nuclear deal with it. For Iran, it was like breaking down a wall that did not allow any progress in the country and crippled its economy. But the United States of America is still analyzing on whether what it did was right, and countries like Russia, China and India are rejoicing very much. On July 14, 2015, Iran and six world powers signed the agreement in exchange to limit its nuclear programme. The agreement allows for the country’s civil nuclear infrastructure to remain intact, sanctions against banks and exports to be lifted, and an arms embargo removed, to be replaced with five-year restrictions on arms-buying. However, in return, it has been clearly stated that “under no circumstances will Iran ever seek, develop or acquire any nuclear weapons”. For India, Iran’s nuclear deal will have some challenges and opportunities in its relations. Iran’s prolonged tussle with the West and the subsequent sanctions on its economy had been inconvenient for India.
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