Home » Chabahar port » Chabahar port gets a boost with US waiving sanctions

Chabahar port gets a boost with US waiving sanctions

Facebook
Twitter
LinkedIn
WhatsApp
Email

Acknowledging the value of Iran’s Chabahar port project to Afghanistan, the US has exempt the India-backed facility from new sanctions on Tehran, it is learnt. The decision is set to expedite the commencement of operations of the port.

The US will exempt from sanctions the development of Chabahar along with an attached railway project and Iranian petroleum shipments into Afghanistan, the US State Department said.

The port, inaugurated last year, provides a key supply route to landlocked Afghanistan as well as Central Asia, thereby allowing India to bypass Pakistan.

Facebook
Twitter
LinkedIn
WhatsApp
Email

Subscribe to Our Newsletter

One Ocean Maritime Media Private Limited
Email
Name
Share your views in comments