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Last month, the Sajjan Jindal-led steel giant confirmed that it had not changed its plans for a potential stake buy in Teck's unit.
Acharya said the diplomatic row should not impact business decisions, adding "let us see how those situations evolve"
The potential deal could value the business at $8 billion, said a report, rivaling an earlier bid by Swiss commodities giant Glencore
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JSW Steel and Teck Resources did not immediately respond to requests by Reuters for comment
After a cyclonic disruption in Australia cut supplies earlier this year