Indian backed Iran’s Chabahar port to open by 2019

Date:

India is trying to make the Indian backed Chabahar port which is in Iran, operational by 2019, despite the threat of a renewed US sanctions against Tehran, the government said in a statement on Friday.

ALSO READ: North Korea ‘total denuclearisation’ started: Trump

As a part of the new transportation corridor for land-locked Afghanistan that could potentially open the way for millions of dollars in trade and cut its dependence on Pakistan, its sometimes-hostile neighbor.

ALSO READ: FIFA Fever: Beer crisis hits Moscow

With the opening of the port, it will be easy for transportation and the CIS countries Transport and Shipping Minister Nitin Gadkari said in the statement. US President Donald Trump’s decision to withdraw from a 2015 nuclear deal and penalize financial institutions for doing business with Tehran is clouding Chabahar’s viability.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

Iran Releases Five Indian Sailors From Seized Ship

Tehran:  In a diplomatic breakthrough, five of the Indian...

NewsMobile Morning Brief

Russia Claims US Trying To Interfere In 2024 Indian...

Shatrughan Sinha To Take On BJP’s S Ahluwalia From West Bengal’s Asansol Constituency

The Bihari Babu of the Indian film industry, Shatrughan Sinha joined TMC in 2022 after a brief stint in the Congress

Lok Sabha Elections: Congress Chief Kharge To Visit Uttar Pradesh On May 14

During his visit, the Congress chief will address a public rally in Maharajganj Lok Sabha constituency in support of party candidate Virendra Choudhary