Iran emerges as a new economic Power in the world

// SHAMSUL BASUNIA //

Removal of Iran's sanctions would lead to Iran emerging

 as a far more prosperous country, a

much bigger economy and a

much bigger stabilizing

 factor in the Middle

 East, says an Indian

thinker.

Taneja called sanctions as a big obstacle in the

way of expansion of ties between

Tehran and New Delhi,

adding that removal

of sanctions will open

new opportunities for

 Indian business

to come and

invest in Iran.

Referring to the cultural and historical commonalities

 between Iran and India, he said that the

 two states are complementary

 to each other.

Calling Iran a very talented country with

 lots of potentials, the Indian thinker

 said India is keen to play

a win-win game in

relations with

Tehran.

The ongoing developments will lead to

 big resurgence of Iranian economy

and will flourish both Iranian

private and governmental

sectors, he added.

Taneja urged Iran to increase its stabilizing

role in Afghanistan, adding that both

Tehran and New Delhi share

 interests in this region.

Iran and India should work together to ensure

 peace and stability of Afghanistan,

 he said.

Chairman of the Energy Security Group of the

Federation of Indian Chambers of Commerce

and Industry (FICCI) noted that new

Iran as a new economic power

is emerging and Iran and India

 together should cooperate

for building the

new Asia.

Gravity center of the world has moved to

the Asia and Iran and India should

play a bigger role in the

new Asia, he added.

Taneja underscored that India is depended

on the Middle East oil and gas and

supports this region's

stability.

Terrorism is threatening the region's stability

 and Iran is in a good position to ensure

that terrorism is eradicated from the

 Middle East, he said.

This Indian thinker said that with sanctions

 going away, Iran along with other

countries including India

would be able to play

a bigger role against

 terrorist groups.

It is time for all the regional countries

 including India and Iran to join

hand against terrorism in

 order to build a better

world for the future

generation,

he noted.

Iran and P5+1 reached a nuclear agreement

 on July 14 which is known as the

Joint Comprehensive

Plan of Action.

The JCPOA imposes some restrictions

 on Iran's nuclear program

in exchange for removal

of illegal anti-Iran

sanctions.