With US President Donald Trump choosing not to certify that Tehran was complying with the terms of the 2015 nuclear deal, the fate of Iran’s Chabahar Port that India has been keen to develop, seems to be in the balance.
The Chabahar project first found mention in an India-Iran joint statement issued in 2003. Fourteen years later, the venture is far from fruition—thanks mainly to India being caught up in US-Iran tensions.
The Iran nuclear deal—clinched in Vienna in July 2015—commits Tehran to providing the International Atomic Energy Agency (IAEA) with greater access and information on its nuclear programme. As a presidential candidate, Trump had criticized the Iran nuclear deal. Addressing the UN General Assembly session last month, Trump described the pact as one of the “worst and most one-sided transactions the US has ever entered into”. Read More…
Latest posts by Livemint (see all)
- Oil prices on shaky ground amid global financial market worries - December 11, 2018
- Railway Board gives in-principle approval to Rs55,000 crore Mumbai sub-urban rail project - December 11, 2018
- Opinion | Towards better fuel efficiency standards - December 11, 2018