Apr 4, 2015
The breakthrough on the contentious nuclear issue arrived at between Iran and the US-led P5 plus 1 nations announced in Lausanne on Thursday has the potential to bring about a tectonic shift in the regional strategic framework, as well as long-term implications on a global scale. The return of Iran to the global polity as a normal state has specific relevance for India in a range of geo-political, economic, energy, trade and connectivity issues.
India has a deep stake in the stability of this extended West Asian region, which is critical to its energy security, as also the safety of its almost six million expatriate workers who provide invaluable foreign exchange remittances. The need for a rapprochement between Iran and Saudi Arabia is imperative and if the Modi government can rise to the occasion, Delhi could be a quiet facilitator in this regard.