Money News

India lifts ban on trade of certain items with Iran - govt

A worker walks atop a container to remove the crane clamp after it was loaded onto a truck trailer at Thar Dry Port in Sanand in the western state of Gujarat, India, February 10, 2016. REUTERS/Amit Dave/Files

NEW DELHI (Reuters) - India has lifted a ban on trade of specified items with Iran after some western sanctions against the Persian Gulf nation were lifted earlier this year, the government said in a notification on Wednesday.

“Direct or indirect export to Iran or import from Iran is now permitted subject to UN Security Council Resolution... and IAEA specified documents,” the notification added.

For a detailed notification see:

Reporting by Nidhi Verma; Editing by Subhranshu Sahu