Yusuf,
there is no stopping, we can do what ever we like to do, but will we and what if in a worst case scenario we were to get caught?
worst case scenario, as i said there will be all round condemnation of us supporting a rouge nation which is hell bent on procuring nukes and we could well be linked in indirectly or directly supporting them with their nukes, we dont need to seen as another pakistan on the international nuke radar and that is a very bad situation to be in something we cant at any cost be seen in that light at a time we are cultivating more important ties in the west and mid east, iran is important but not to that extent that we for them jeopardize our relations with the rest.
the other point is will we do such a thing.
one, i suspect to a certain extent such things do happen, and if we were to do that then at no point we need to use the white money but can pay them from the parallel economy and without a doubt the GoI would have a good access to it.
two, for some reason when it comes to following international norms, we get very very obedient. we wont reverse engineer any tech, we wont steal it either and i really doubt we will follow this path of handing over cash like this.
as i said the best would be create a third party which will do the trade and not the present GoI entities. let them use the hawala channel, so the payment tension erases and then pay in what ever currency, what this assures is if something along with iran is to be sanctioned then it will be this third party which then can be dissolved and till the time the act can be played smartly we get what we want.
but i think we will eventually have to use the turkey route, i guess that is the route the chinese are using currently, but i am not getting why is this not happening when this mode of transaction has already been discussed.
there is more to it than meets the eyes, and i suspect the americans playing a hard ball on something.