New Delhi, June 15 -- Commerce Secretary Rajesh Agrawal welcomed the announcement of the peace agreement between the United States and Iran, expressing hope that the understanding would bring lasting stability to the West Asian region, even as the country recorded one of its strongest monthly export performances in recent years.

Speaking while releasing India's trade data for May 2026, Agrawal said New Delhi was closely watching developments following the US-Iran agreement and hoped the deal would stand the test of time.

"All I can say, as honorable Prime Minister has said, that we hope it is a sustained deal, which brings in peace across the region. So, let's wait. Now that it has come, it should be a deal which can be sustained over t...