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 Chabahar port, considered a gateway to golden opportunities for trade by India, Iran and Afghanistan with central Asian countries, is located on the Indian Ocean in the Sistan and Baluchistan province of Iran.
The port, which is easily accessible from India’s western coast, is increasingly seen as a counter to Pakistan’s Gwadar Port which is being developed with the Chinese investment.
