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India Hopes to Benefit From Easing of Iran Sanctions

India, one of the handful of countries that continued to trade with Iran despite tight sanctions, hopes to reap significant, long term benefits when Tehran’s nuclear deal with major powers is implemented. However, its exporters are also bracing for tougher competition from Western companies. In the last three years, Pankaj Bansal says the exports of his trading firm, TMA International in New Delhi, increased by almost 40 percent. But the days of runaway business growth could be ending....


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