A successful resolution of India’s $6-billion outstanding debt to Iran, during bi-lateral parleys later this week, would hold the key to India securing the Farzad-B gas fields in the Persian Gulf nation.
A series of ministerial level meeting over two to three days, would be tackling the contentious issue of India’s outstanding debt to Iran and although not officially linked, it was widely acknowledged that clearing the debt on mutually agreeable terms would almost clinch India’s bid for the gas assets.
