Why Indian dream of Chabahar Port development may not come true anytime soon?

Why Indian dream of Chabahar Port development may not come true anytime soon?

KABUL - Afghanistan Chamber of Commerce and Industries (ACCI) has said US sanctions against Iran have slowed down the work process at Chabahar and Iran wantsthese limitations removed by gaining support from other countries.

ACCI’s international relations department head Azarakhsh Hafizi said currently the world’s financial systems will not even allowthe transfer of $500 million USD that India wants to invest in Chabahar.

“Although we can send suggestions to our international partners, we are not sure that such issues against Iran will be resolved. Because these decisions are made by the big countries,” said Hafizi.

Chabahar is the closest sea port to landlocked Afghanistan. Despite Afghanistan and India’s accelerated efforts to develop the port, ACCI said the west’s sanctions against Iran has resulted in the shortage of necessary infrastructure and services at the port.