Bigger India
US Exempts Indian-backed Port in Iran From Sanctions
The United States will exempt from sanctions the development of Chabahar along with an attached railway project and Iranian petroleum shipments into Afghanistan, the State Department said.
The United States said on Tuesday (Nov 6) it would exempt Iran’s Indian-backed port of Chabahar from new sanctions on Teheran, recognising the value of the project to Afghanistan.
Iran late last year inaugurated the port on the Indian Ocean, which provides a key supply route to landlocked Afghanistan and allows India to bypass its historic enemy Pakistan.