Opinion National Interest PoV 50-Word Edit

ThePrint On Camera Videos In Pictures

Society & Culture Around Town Book Excerpts Vigyapanti The Dating Story

More Judiciary Education YourTurn Work With Us Campus Voice

Opinion National Interest PoV 50-Word Edit

ThePrint On Camera Videos In Pictures

Society & Culture Around Town Book Excerpts Vigyapanti The Dating Story

More Judiciary Education YourTurn Work With Us Campus Voice

Iran-US MoU is an opportunity for India. Or forget the $5-trillion economy

India cannot afford another trade and energy disruption if it is serious about becoming a five-trillion-dollar economy soon.

One has to be an incorrigible optimist to believe that the US-Iran agreement signed on Thursday will last forever. Even the leaders who inked the deal may not believe that.

Just days before signing the deal, US President Donald Trump, speaking at the G7 summit, warned Iran that any change to the peace agreement or failure to comply could bring an immediate military response. “If they don’t behave, we’ll go right back to dropping bombs right smack in the middle of their head,” he said.

Even after such nasty and unpleasant remarks, Trump signed a copy of the US-Iran agreement at the Palace of Versailles. A photo of the signed agreement was sent to Tehran, and the document was then signed by Iranian President Masoud Pezeshkian.

The agreement gives Washington and Tehran 60 days to reach a final settlement, with the first round of follow-up talks scheduled for June 19 at the Bürgenstock resort in Switzerland.

Though hostilities may cease for some time, lasting peace is unlikely. New Delhi should use this brief period to fortify its resources.

Also Read: Reset, rapprochement or relief? What Modi and Trump bonhomie in France achieved

Fragile peace prospects

Talks are probably proceeding only because fatigue has set in after a hundred days of intense hostilities. The massive economic disruptions, destruction of valuable assets like oil wells and related infrastructure, and above all, the collapse of maritime trade through the region have ironically resulted in a situation that is conducive to a deal that looks like a bitter pill.

This bitter pill might work, considering the fact........

© ThePrint