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Cautioning India, the United States said that "anyone considering business deals with Iran needs to be aware of the potential risk of sanctions."

US warns India of sanctions over Chabahar port deal

Cautioning India, the United States said that "anyone considering business deals with Iran needs to be aware of the potential risk of sanctions."

Hours after India and Iran inked a historic agreement, allowing New Delhi to manage Chabahar Port for 10 years, the United States issued a word of caution, saying that "anyone considering business deals with Iran needs to be aware of the potential risk of sanctions."
Responding to a question on India signing the deal, &nbsp;deputy spokesperson of the US State Department, Vedant Patel said, "We're aware of these reports that Iran and India have signed a deal concerning the Chabahar port. I will let the government of India speak to its own foreign policy goals vis-a-vis the Chabahar port as well as its own bilateral relationship with Iran."
"I will just say, as it relates to the United States, US sanctions on Iran remain in place and we'll continue to enforce them," he added.
When asked if Indian firms are also at risk of being sanctioned by the US, Patel said, "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."
The Chabahar port on the Gulf of Oman - which New Delhi had proposed to develop way back in 2003 - will provide Indian goods a gateway to reach landlocked Afghanistan and Central Asia using a road and rail project called International North-South Transport Corridor, bypassing Pakistan.
US sanctions on Iran over its suspected nuclear programme had slowed the development of the port.
The long-term agreement was signed by Indian Ports Global Limited (IPGL) and the Port &amp; Maritime Organisation of Iran, an official statement said.
IPGL will invest about USD 120 million while another USD 250 million will be raised as debt.
The pact was signed in a ceremony attended by India's Ports, Shipping and Waterways Minister Sarbananda Sonowal and Iranian Transport and Urban Development Minister Mehrdad Bazrpash in Tehran.
It replaces an initial 2016 pact, which covered India's operations at 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. In 2021, the same was used to supply environmentally friendly pesticides to Iran.
This is the first time India will take over the management of an overseas port that will also have a multiplier effect on trade among India, Iran and Afghanistan as efforts continue to directly tap the potential in Central Asia, bypassing neighbouring Pakistan.
According to an official statement, the contract was signed by India Ports Global Ltd (IPGL) and Iran's Port &amp; Maritime Organisation (PMO), in the presence of Ports, Shipping and Waterways Minister Sarbananda Sonowal.
Also read | <a href="https://www.editorji.com/business-news/economy/china-overtakes-us-to-become-india-s-biggest-trading-partner-1715583825991">China overtakes US to become India's biggest trading partner</a>

India to send wheat to Afghanistan via Iran's Chabahar port

A joint statement said the meeting emphasized the importance of the formation of a "truly inclusive and representative political structure"

&nbsp;India and five central Asian countries on Tuesday asserted that Afghani soil must not be used for any terrorist activities even as New Delhi announced a fresh tranche of 20,000 metric tonnes of wheat to Afghanistan which will be sent through the Chabahar Port in Iran.
The first meeting of the India-Central Asia joint working group on Afghanistan in New Delhi also witnessed a resolve by the participating countries exploring ways to jointly counter threats of terrorism, extremism, radicalisation and drug trafficking in the region.
A joint statement said the meeting emphasized the importance of formation of a "truly inclusive and representative political structure" that respects the rights of all Afghans and ensures equal rights of women, girls and members of minority groups, including access to education.
In December, India joined several other leading countries in criticising the Taliban's decision to ban university education for women in Afghanistan, The joint statement said India announced the supply of 20,000 metric tonnes of wheat assistance to Afghanistan in partnership with UN World Food Programme through Chabahar Port. &nbsp;Months after the Taliban captured power in Kabul in August 2021, India had announced an assistance of 50,000 metric tonnes of wheat to Afghan people as they were reeling under a severe food crisis. Subsequently, the consignments were sent to Afghanistan using the land route through Pakistan.
Islamabad had granted the transit facility after months of discussions.
The joint statement said the officials at the deliberations discussed regional threats of terrorism, extremism, radicalisation and drug trafficking and also deliberated on the possibilities to coordinate efforts to counter these threats.
It said they emphasised that the "territory of Afghanistan should not be used for sheltering, training, planning or financing any terrorist acts and reaffirmed that no terrorist organizations including those designated by the UNSC resolution 1267 should be provided sanctuary or allowed to use the territory of Afghanistan".
Besides host India, the meeting was attended by special envoys or senior officials of the Kazakhstan, Kyrgyz Republic, Tajikistan, Turkmenistan and Uzbekistan. Country representatives of the UN Office on Drugs and Crimes (UNODC) and UN World Food Programme (UNWFP) also participated in the meeting.
The joint statement said the officials exchanged views on the current situation in Afghanistan, including the political, security and the humanitarian aspects.
"While emphasising the respect for sovereignty, unity and territorial integrity and non-interference in its internal affairs, the sides reiterated support for a peaceful, secure and stable Afghanistan," it said.
It said the country representative of the UNWFP in Afghanistan briefed the participants on the India-UNWFP partnership to deliver foodgrain assistance to Afghan people and made a presentation on the current humanitarian situation, including the aid requirements for the year ahead.
"The sides took note of the current humanitarian situation and agreed to continue to provide humanitarian assistance to the Afghan people," the statement said.
It said the country representative of the UNODC in Afghanistan highlighted the partnership of India and UNODC in fighting the menace of narcotics in Afghanistan and thanked New Delhi for "providing humanitarian aid for the Afghan drug user population." "Upon their request, India offered capacity building training courses for the relevant stakeholders/partner agencies of UNODC and the relevant officials/stakeholders of Central Asian Republics in the field of countering illegal drug trafficking," the statement said.
Moreover, India and UNODC also agreed to partner for the efforts to counter drug trafficking, including the efforts for rehabilitation of Afghan drug user population, especially the Afghan women and providing assistance in development of alternate livelihood opportunities, a press statement by the Ministry of External Affairs said.
The joint statement said the participants thanked India for holding the first Joint Working Group Meeting on Afghanistan at senior officials level and agreed to continue consultations in this format on a regular basis.
India has not yet recognised the Taliban regime in Afghanistan and has been pitching for the formation of a truly inclusive government in Kabul besides insisting that Afghan soil must not be used for any terrorist activities against any country.
India has been pitching for providing unimpeded humanitarian aid to Afghanistan to address the unfolding humanitarian crisis in the country.
In June last year, India re-established its diplomatic presence in Kabul by deploying a "technical team" in its embassy in the Afghan capital.
India had withdrawn its officials from the embassy after the Taliban seized power in August 2021 following concerns over their security.&nbsp;

US Sanctions on Iran won't impact Chabahar port: Trump govt

The Trump administration has assured India that US sanctions on Iran will not impact the development of the Chabahar&nbsp;port&nbsp;

US sanctions on Iran won't affect Chabahar&nbsp;port: Trump govt
Trump administration assures India ahead of 2+2 dialogue
India-US 2+2 ministerial talks starts on Monday Oct 26
Mike Pompeo&nbsp;slated to visit India to meet EAM&nbsp;on Oct 26
India reached out to US after sanctions imposed on Iran

The sanctions imposed by United States on Iran will not impact India's development of Chabahar Port in the country, Washington has reportedly informed New Delhi through diplomatic channels on October 12. The Trump administration's assurance comes ahead of the India-US 2+2 ministerial meeting that begins on Monday, October 26. US Secretary of State Michael R Pompeo and Secretary of Defence Mark T Esper are slated to visit New Delhi to meet External Affairs Minister S Jaishankar and Defence Minister Rajnath Singh on October 26-27. Earlier in October, the Trump administration imposed sanctions on 18 major Iranian banks, that led to India reaching out to the US on concerns regarding the Chabahar port.

chabahar port

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