Placeholder canvas

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

IPL 2024: Sudharsan, Shahrukh’s Half-Centuries Guide GT To 200/3 Against RCB

Ahmedabad: Sai Sudharsan and Shahrukh Khan's impressive half-centuries propelled...

Harvey Weinstein Hospitalised Following Overturned Conviction

Washington, DC: Former Hollywood producer Harvey Weinstein has been...

Election Commission Has Banned Aam Aadmi Party’s Lok Sabha Campaign Song, Alleges Aatishi

New Delhi: Aam Aadmi Party leader Atishi made an...

Delhi Congress Chief Arvinder Singh Lovely Resigns, Cites Alliance With AAP

New Delhi: Delhi Congress president Arvinder Singh Lovely has...