India' export guarantee agency has not stopped giving insurance cover to shipments to Iran and has only tightened criteria as part of a more cautious approach, official sources said on Friday, as Western sanctions make trade with Tehran tougher.
The sanctions imposed by the United States and European Union to deter Tehran from pursuing its nuclear program are playing havoc with Iran's ability to pay for its imports, leaving global suppliers jittery about doing business with the Islamic republic. (Reuters)
