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Mawratanews.lk | Sri Lanka Latest Sinhala News and Headlines
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India Welcomes US-Iran Ceasefire, Hopes for Lasting Peace and Relief for Exporters

April 9, 2026
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India Welcomes US-Iran Ceasefire, Hopes for Lasting Peace and Relief for Exporters
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India has welcomed the ceasefire between the United States and Iran, expressing hope that the temporary truce will pave the way for lasting peace in the region.

“We welcome the ceasefire reached and hope that it will lead to lasting peace in West Asia,” the Ministry of External Affairs stated. “As we have continuously advocated earlier, de-escalation, dialogue, and diplomacy are essential to bring an early end to the ongoing conflict. We hope this will ensure lasting peace in the region, along with unimpeded freedom of navigation and the smooth flow of global commerce through the Strait of Hormuz.”

Highlighting the broader implications of the conflict, the ministry added, “The conflict has already caused immense suffering to people and disrupted global energy supply and trade networks. We expect that unimpeded freedom of navigation and global commerce will prevail through the Strait of Hormuz.” It reiterated India’s long-standing position that a peaceful resolution through diplomatic channels remains the only viable path forward in the region.

The Federation of Indian Export Organisations (FIEO) also welcomed the ceasefire, noting its immediate positive impact on exporters.

“The ceasefire and reopening of the Strait of Hormuz bring immediate relief to exporters by easing shipping disruptions, high freight rates, and insurance costs,” said FIEO president S.C. Ralhan.

However, he cautioned that the temporary nature of the truce means exporters will remain vigilant. “Sustained stability is essential for restoring confidence and ensuring smooth trade flows,” Ralhan added.

Analysts further noted that the two-week ceasefire could help mitigate India’s ongoing LPG crisis. Around 90 per cent of India’s LPG imports come from the Middle East, and the US-Iran-Israel conflict had triggered significant shortages in the country.

“The 14-day ceasefire creates a key window to begin clearing this backlog and restore outbound flows,” said Nikhil Dubey, senior research analyst at Kpler. “The extent of progress will depend on the agreed terms and how effectively they are implemented on the ground. Any improvement in traffic through the Strait would help ease supply pressure for Asian markets that rely heavily on it.”

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