The Trump administration, which is determined to impose fresh set of sanctions on Iran and countries and entities engaged in business with Tehran, is currently reviewing India’s development of the strategically important Chabahar port in the Islamic Republic, a senior government official has said.
The Chabahar port is being considered a gateway to golden opportunities for trade by India, Iran and Afghanistan with central Asian countries besides ramping up trade among the three countries in the wake of Pakistan denying transit access to New Delhi.
“We are reviewing (Chabahar project) in the context, in particular of Afghanistan, and in the spirit that the idea of our sanctions are not to punish partners or to imperil partners, but to bring a price tag for Iran’s malign behaviour,” Alice Wells, Principal Deputy Assistant Secretary of State for South and Central Asia, told a Washington audience. Read More
Latest posts by The Economic Times (see all)
- India’s Flat May Fuel Demand Points To Sluggish Economy - June 16, 2019
- Green power fights heat wave blues - June 15, 2019
- India’s flat May fuel demand points to sluggish economy - June 15, 2019