India has not only been engaged in tough negotiations to secure a waiver from US sanctions for its oil imports from Iran but has also explored mechanisms to secure its interests in the strategic Chabahar Port should Washington decide not to exempt the project from the curbs.
In the backdrop of Iran’s significance as a key gateway to Eurasian region, India will hold a ministerial-level meeting with Tehran and Moscow this month to implement the much-delayed International North South Transport Corridor (INSTC).
ET has learnt that Indian officials held detailed discussions with the US on the one hand and with Iran-Afghanistan on the other to continue and expand its presence at Chabahar Port. Read more
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