India Secures Six-Month US Sanctions Exemption for Chabahar Port
India has secured a six-month exemption from US sanctions on the Chabahar Port in Iran, a strategic move for regional trade and connectivity. This waiver supports India's plans to bypass Pakistan and engage with Afghanistan and Central Asia.
The United States has granted India a six-month exemption from sanctions on operations at Iran's Chabahar Port. This development is crucial for India's regional connectivity strategy, allowing it to maintain trade routes to Afghanistan and Central Asia without relying on Pakistan. India signed a 10-year agreement with Iran in 2024 to operate the port, which is vital for humanitarian aid and economic development in the region. The exemption comes as India and the US are engaged in discussions for a major trade deal.
