US is about to make a nuclear deal with Iran

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  Hello and welcome to World Business Report from the BBC World Service.

• 00:04

  Namaste.

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  I'm Devina Gupta in Delhi.

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  And on this edition, we're taking a cue from President Trump's Middle East tour,

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  where two key players are in focus, Iran and India.

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  The US is working two very different deals,

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  one that could revive nuclear talks with Iran potentially,

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  and another that sparked confusion over trade.

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  tariffs with India, making traders here nervous.

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  All that coming up for you.

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  And in a surprise move, China reports a drop in carbon emissions for the first time ever.

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  But first, let's start with the Middle East tour of President Trump,

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  where he said earlier that the US and Iran could be inching closer to a deal.

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  President Trump called the talks between the two countries very serious negotiations for long-term peace.

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  He was referring to these talks which happened on Sunday.

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  The US has insisted that Iran must scrap its uranium enrichment to prevent the country developing nuclear weapons.

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  Although Iran insists its nuclear activities are entirely peaceful.

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  But on the show, we are looking at what does all of this mean for Iran's economy.

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  To help us break it down, we'll be joined by Shyamak Shojai,

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  Professor of Economics at William Paterson University and an expert on Iranian sanctions and economic policy.

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