India will continue to buy oil from us despite US sanctions..Iran minister after meeting Sushma

New York, Sep 27: India will continue to buy oil from Iran despite proposed sanctions from November 4 by US to stop Iran's oil exports. Iran's foreign affairs minister Mohammad Javad Zarif said that India is committed to buying oil  from Iran and continuing the economic cooperation  between two countries. He said this after talks with External Affairs Minister Sushma Swaraj. The tow discussed bilateral issues, including the US' sanctions against the major crude exporter."Our Indian friends have always been categorical in terms of their intention to continue economic cooperation and (the) import of oil from Iran. And I heard the same statement from my Indian counterpart," said Zarif. India is second biggest buyer of Iran oil after China."We have comprehensive cooperation with India and that comprehensive cooperation also includes energy cooperation because Iran has always been a reliable source of energy for India," he added.During the meeting held on the sidelines of the 73rd UN General Assembly session on Wednesday the two sides also discussed the status of Iran nuclear deal with the European Union."On the issue of sanctions, India remains engaged with all stakeholders who are part of the process and Iran is one of them. So, it was natural that the issue of sanctions did come up during the meeting, External Affairs Ministry spokesperson Raveesh Kumar told reporters here Wednesday.The two sides shared each others' position about where they stand at this point of time, he said."There are developments taking place in different corners of the world," Kumar said, adding that Zarif shared part of the discussion Iran is having with the European Union on the nuclear deal. We heard them out, we also explained our position. It is important to understand that as far as the sanctions on Iran go, we are also engaged with other stakeholders and countries for example the US as well, Kumar added.He referred to recently concluded 2+2 dialogue between India and the US during which Washington was sensitised about New Delhi's concerns and expectations.We felt that there was this understating from the US side on our position, Kumar said, adding that India is working to ensure its energy and national security.In May, President Donald Trump announced that the US was withdrawing from the Iran nuclear deal signed by the Obama administration in 2015, under which Tehran had agreed to limit its sensitive nuclear activities and allow international inspectors in return for lifting of crippling economic sanctions.The US has told India and other countries to cut oil imports from Iran to "zero" by November 4 or face sanctions.Kumar said before the sanctions come into effect, India has been talking to several partners and countries on the issue."We are engaged with all countries in this regard. We hope that our positions, sensitivities, concerns, which we have explained to the US, must have been taken into account by them. It's not only a question of purchasing oil from Iran but it is also a question of relationship, he said.Kumar described the talks with Iran as a "good meeting", saying the two countries share strong civilization bonds and go back a long way.Iran is India's third-largest oil supplier after Iraq and Saudi Arabia. Iran supplied 18.4 million tonnes of crude oil between April 2017 and January 2018 (first 10 months of fiscal 2017-18).Agencies