'Potential risk' of sanctions for any business deals with Iran, warns US on Chabahar Port pact - News Summed Up

'Potential risk' of sanctions for any business deals with Iran, warns US on Chabahar Port pact


“We’re aware of these reports that Iran and India have signed a deal concerning the Chabahar port. “You’ve heard us say this in several instances, that any entity, anyone considering business deals with Iran, they need to be aware of the potential risk that they are opening themselves up to and the potential risk of sanctions,” Patel said. The agreement replaces an initial 2016 pact, which covered India's operations at the Shahid Beheshti terminal in Chabahar port and had been renewed on an annual basis. Chabahar port was last year used by India to send 20,000 tonnes of wheat aid to Afghanistan. Kandla port in Gujarat is the closest to the Chabahar port at 550 Nautical Miles while the distance between Chabahar and Mumbai is 786 Nautical Miles.


Source: The Telegraph May 14, 2024 19:24 UTC



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