"capabilities in the fields of food industry, medicine, metals and machinery and car parts". In return, apart from oil exports, Iran could provide India with plastic materials, polymers and chemicals
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"New Delhi is seeking to increase its exports to Iran and sees the increase in trade as a sign of deepening relations. New Delhi gives ample importance to boosting ties with Tehran."
To underscore this message, the joint secretary of the Indian Commerce Ministry, Arvind Mehta, said India-Iran trade should rise to $25 billion by 2015 from the current figure of $15 billion.
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Increased commercial ties between India and Iran are precisely what the United States does not want to see.
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Look folks
Now, share of American economy from World economy, is , (my guess) 1/3 of what it was 40 yrs ago
America has no more economic power to dictate new emerging giants of economy, China, Brazil, India etc do this don't do that
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