US has granted India a six-month exemption from sanctions on Chabahar port, confirms MEA
- Posted on October 30, 2025
- By Business News Today
- 5 Views
US has granted India a six-month exemption from sanctions on Chabahar port, confirms MEA
The United States has granted India a six-month exemption from sanctions for operations at Iran's Chabahar port. This waiver is crucial for India's regional connectivity plans, including trade with Afghanistan, Central Asia, and Russia, and bypasses Pakistan. India recently signed a 10-year agreement to operate the port.