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Tag: India Iran

US knows Chabahar important, says MEA as State Dept flags ‘potential risk’ of sanctions over Iran deal
Fashion

US knows Chabahar important, says MEA as State Dept flags ‘potential risk’ of sanctions over Iran deal

New Delhi: Days after the US said India’s inking of a 10-year deal with Iran for the operation of Chabahar port carries “potential risk” of sanctions, the Ministry of External Affairs (MEA) remarked Friday that Washington is aware of the port’s importance, especially with respect to providing humanitarian aid to the Taliban-ruled Afghanistan.Underscoring that the port agreement is a “major achievement” for New Delhi, MEA spokesperson Randhir Jaiswal said: “The United States understands the importance of Chabahar port for continued humanitarian supplies to Afghanistan and to provide it with economic alternatives.” He added that the deal signed between New Delhi and Tehran reflects India’s commitment towards realising its potential as a “connectivity hub” for Afghanistan and other landloc...
Politics

India, Iran 10-Yr Chabahar Deal May Invite US Sanctions As Washington Sees It As ‘New Deal’

Chabahar Port: The 10-year contract signed by India and Iran on Monday with respect to the Chabahar Port can come under American sanctions – and will not be exempt like before, as was the case under the erstwhile Donald Trump administration – because the United States is viewing the new agreement as a “new deal”, multiple sources have told ABPLIVE. India and Iran have signed a 10-year agreement to operate and manage the Chabahar Port, and also to develop the next phase of the project by way of mega connectivity plans, even as New Delhi plans to integrate it with the International North South Transport Corridor (INSTC), thereby creating a seamless trading route from India to Russia through Iran. The US is thus viewing the contract as a “new deal” that can invite sanctio...
‘Win-win deal’: India, Iran sign 10 year contract for Chabahar Port amid Gaza war
Fashion

‘Win-win deal’: India, Iran sign 10 year contract for Chabahar Port amid Gaza war

New Delhi: India’s first-ever overseas port investment in Iran’s Chabahar got a boost Monday after Tehran and New Delhi signed a long-term contract. This will allow India Ports Global Private Limited (IPGPL), an Indian state-owned entity, to manage and operate a terminal in the port for 10 years, instead of having to renew a short-term contract every year as was the case earlier. India is also believed to have agreed to extend a credit line of $250 million to Iran for Chabahar-related development, according to a statement by India’s embassy in Iran on X. The statement was subsequently deleted. Screenshot of the now-deleted statement | Pic credit: X Shipping Minister Sarbananda Sonowal signed the deal with Mehrdad Bazrpash, Minister of Roads and Urban Development of Iran, in Tehran on M...
Indian Coast Guard seizes Iranian fishing vessel, rescues six Indian crew members
Fashion

Indian Coast Guard seizes Iranian fishing vessel, rescues six Indian crew members

On May 05, 2024, the Indian Coast Guard (ICG) successfully apprehended an Iranian fishing vessel, accompanied by six Indian crew members, west of Beypore off the coast of Kerala. The coordinated sea-air operation was swiftly executed by the ICG ships and aircraft, a PIB press release stated.The ICG said in a statement that the boat was seized and brought to Kochi for further investigation on May 6. An investigation revealed that the sponsor of the boat had treated its crew poorly and deprived them of basic living conditions. The crew alleged that they were forced to escape from Iran to India using the same boat. Show Full Article The crew had signed an agreement with the sponsor for fishing on the Iran coast and was issued Iranian v...