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This decision directly impacts India’s state-operated India Ports Global Limited (IPGL), which has managed the Shahid Beheshti terminal at the port. At a time when India and the US are looking to seal a trade deal, the Donald Trump administration has dealt a fresh blow to India’s trade and strategic ambitions by removing sanctions waivers…
TOI Correspondent from Washington: The Trump administration has dealt another devastating blow to New Delhi by revoking sanctions exemptions for Chabahar port in Iran even as the two sides (US and India) are trying to overcome differences on trade issues. India has been using the Shahid Beheshti terminal at Charbahar since 2018 as part of…
India’s strategic gateway to Afghanistan and Central Asia, the Chabahar Port in Iran, faces mounting challenges as the United States revoked sanctions exemptions previously granted under the Iran Freedom and Counter-Proliferation Act (IFCA). The move, effective September 29, risks exposing Indian operators at the port to US penalties and raises serious questions about the future…
