Thursday, Mar 28 2024 | Time 18:02 Hrs(IST)
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India


US grants India waiver for Chabahar port

New Delhi/Washington, Nov 7 (UNI) The United States has exempted the Chabahar port in Iran from certain sanctions, recognising the value of the project to landlocked Afghanistan and its "close partnership" with India.
A State Department spokesperson on Tuesday said Secretary of State Mike Pompeo "after extensive consideration" agreed to grant an exception from the imposition of certain sanctions under the Iran Freedom and Counter-Proliferation Act of 2012 (IFCA) with respect to the development of Chabahar Port and the construction of an associated railway and for the shipment of non-sanctionable goods through the port.
"This exception relates to reconstruction assistance and economic development for Afghanistan. These activities are vital for the ongoing support of Afghanistan's growth and humanitarian relief," the spokesman said.
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