Times of Islamabad

Is Indian developed Chabahar Port in Iran also hit with US sanctions?

Is Indian developed Chabahar Port in Iran also hit with US sanctions?

ISLAMABAD – The Chabahar port project, being developed by India in Iran,will not be impacted by US President Donald Trump’s decision not to renewexemptions that let eight countries including India to buy Iranian oilwithout facing American sanctions, a State Department official said.

“The exception for reconstruction assistance and economic development forAfghanistan, which includes the development and operation of Chabahar Port,is a separate exception, and is not affected by yesterday’s announcement,”a State Department Spokesperson told PTI.

A day earlier, Trump decided not to grant sanctions exemptions to any oilcustomers of Iran, further squeezing Tehran’s top export commodity.

“The President’s South Asia strategy underscores our ongoing support ofAfghanistan’s development as well as our close partnership with India,” thespokesperson said.

“We seek to build on our close relationships with both countries as weexecute a policy of maximum pressure on the Iranian regime,” said thespokesperson in response to a question on the decision taken by Trump.