India Clarifies Stance on Chabahar Port Amid Iran Unrest and US Sanctions
India
M
Moneycontrol•16-01-2026, 18:55
India Clarifies Stance on Chabahar Port Amid Iran Unrest and US Sanctions
- •Reports suggested India's 10-year involvement in Iran's Chabahar Port project had ended due to ongoing unrest.
- •Ministry of External Affairs spokesperson Randhir Jaiswal clarified that discussions are ongoing with the US regarding conditional sanctions waivers for the port.
- •The US Treasury Department issued a sanctions waiver guidance valid until April 26, 2026, which India is working to maintain.
- •Chabahar Port is crucial for India's access to Central Asia, offering trade benefits and balancing regional influence against Pakistan and China.
- •India has issued advisories for its citizens, urging against travel to Iran and advising those residing there to leave due to recent developments.
Why It Matters: India is actively negotiating with the US to ensure continued operation of the strategically vital Chabahar Port.
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