Chabahar won\'t be impacted: US
5 years, 8 months ago

Chabahar won\'t be impacted: US

Deccan Chronicle  

Washington: The strategic Chabahar port project, being developed by India in Iran, is a separate exception and will not be impacted by US President Donald Trump's decision not to renew exemptions that let eight countries including India to buy Iranian oil without facing tough American sanctions, a State Department official said. "The exception for reconstruction assistance and economic development for Afghanistan, which includes the development and operation of Chabahar Port, is a separate exception, and is not affected by yesterday's announcement," the official said. President Trump, in a move that could have implications on India's energy security, on Monday decided not to grant sanctions exemptions to any oil customers of Iran, further squeezing Tehran's top export commodity. The US move, seen as an escalation of the Trump administration's "maximum pressure" on Iran, comes after it gave180-days waiver to eight countries, including India, China, Turkey and Japan among others last year.

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