India is mulling various options on its engagement in the development of the strategically-located Chabahar port in Iran against the backdrop of the Trump administration threatening a 25 per cent additional tariff on countries doing business with Tehran.
India is a major partner in development of the Chabahar port, located in the Sistan-Balochistan province Iran’s southern coast.
In September last year, the US imposed crippling economic sanctions on Iran but had granted India a six-month exemption from the punitive measures on the Chabahar port project. The waiver will come to an end on April 26.
External Affairs Ministry spokesperson Randhir Jaiswal on Friday said New India is engaged with the US on the issue.
His remarks in answering a question came amid reports that New Delhi is looking at withdrawing from it in view of fresh American tariffs on nations having trade relations with Iran.
“As you are aware, on October 28, the US Department of Treasury had issued a letter outlinin​India is mulling various options on its engagement in the development of the strategically-located Chabahar port in Iran against the backdrop of the Trump administration threatening a 25 per cent additional tariff on countries doing business with Tehran.
India is a major partner in development of the Chabahar port, located in the Sistan-Balochistan province Iran’s southern coast.
In September last year, the US imposed crippling economic sanctions on Iran but had granted India a six-month exemption from the punitive measures on the Chabahar port project. The waiver will come to an end on April 26.
External Affairs Ministry spokesperson Randhir Jaiswal on Friday said New India is engaged with the US on the issue.
His remarks in answering a question came amid reports that New Delhi is looking at withdrawing from it in view of fresh American tariffs on nations having trade relations with Iran.
“As you are aware, on October 28, the US Department of Treasury had issued a letter outlinin ​Latest News [ SOBAN NEWS: International and National ]
