EU favours implementation of Iran N-deal: Envoy

IANS  |  New Delhi 

The wants implementation of the nuclear deal even though the US pulled out of it and imposed fresh sanctions on Tehran, EU Ambassador to said on Wednesday.

"From our point of view, failure of the nuclear deal will have negative consequences for the security situation in West Asia," he said.

The US pulled out of the (JCPOA) that signed with the five permanent members (P5) of the UN Security Council, and the and imposed the new sanctions on over its alleged nuclear programme.

This sparked concerns in as Iran is a major supplier of to

The sanctions also put in jeopardy the crucial in Iran being jointly developed by India, Iran and

However, earlier this month exempted from its sanctions on Iran and development of the

"I am positive about India's efforts to develop the Chabahar port," Kozlowski said.

India is investing $500 million to develop the and a road link from there to to give access to that country, bypassing

The port is also a key link in the International North South Transport Corridor (INSTC), a 7,200-km-long of ship, rail and road routes to move freight between India, Iran, Afghanistan, Armenia, Azerbaijan, Russia, and

--IANS

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First Published: Wed, November 21 2018. 17:54 IST