India has been winding up its operations at Chabahar port after Trump, upon his return to the White House, upped the ante on Iran, removing sanctions waiver for the port.
India is making its decisions on the basis of a third party's interests, for all the election-time braggadocio of the Prime Minister. 'Desh nahi jhukne doonga', anyone remember?
After Taliban foreign minister's visit, acting minister of commerce & industry Alhaj Nooruddin Azizi is currently on a five-day trip to India, along with a high-powered delegation.
For the project, India first received a sanctions waiver in November 2018 from Trump 1.0, but his administration rescinded it last month, threatening to complicate India's involvement.
India Ports Global Limited had signed a 10-year long term contract with Iran’s Port and Maritime Organization in May 2024 to develop the Chabahar port.
India's trade with Tehran has cratered since 2018 after US sanctions were reimposed on the West Asian country, and China has stepped into the resulting vacuum.
India has been using Shahid Beheshti terminal at Chabahar to ship humanitarian aid to Afghanistan, bypassing Pakistan. The 10-year deal will allow India to operate the terminal at the port.
Shipping Minister Sarbananda Sonowal is in Iran to sign a ‘crucial contract’, which Jaishankar said would clear the path for bigger investment in the port.
Jaishankar’s 2-day visit to Iran saw push to energise International North-South Transport Corridor connecting Indian ports to Russia via multi-modal transport corridor.
The Gen Z movement was a serious wave that RSP and Balen together managed to capture—the first milestone reflecting the relevance of issues-based politics.
As Iran war enters 11th day, government prioritises household gas supply, boosts LPG output and invokes Essential Commodities Act amid concerns over potential shortages.
SMPP Limited gets order for additional 10,000 bulletproof jackets for BSF, CISF & SSB. This is over & above the existing order for 40,000 jackets, taking the total to 50,000.
Trump has ushered in the age of humiliation. His method is to push around America’s friends rudely and publicly. He knows none of them can afford to fight back.
COMMENTS