India to open Chabahar Port by 2019
NEW DELHI: India is trying to make Chabahar Port in Iran operational by 2019, the government said in a statement on Friday, despite a threat of renewed U.S. sanctions against Tehran.
The Indian-backed Chabahar port complex in Iran is being developed as part of a 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 neighbour.
The port would offer easy accessibility to CIS countries, Transport and Shipping Minister Nitin Gadkari said in the statement.
U.S. 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.
-
Royal Expert On Andrew, Sarah Ferguson’s ‘entitled’ Behaviour Since Marriage -
Instagram And YouTube Accused Of Engineering Addiction In Children’s Brains -
Trump Reached Out To Police Chief Investigating Epstein In 2006, Records Show -
Keke Palmer Praises Actor Who Inspired 'The Burbs' Role -
Humans May Have 33 Senses, Not 5: New Study Challenges Long-held Science -
Kim Kardashian Prepared To Have Child With Lewis Hamilton: 'Baby Using A Surrogate' -
Internet Splits Over New York's Toilet Data Amid Bad Bunny's Super Bowl Show -
Prince William Inspects Saudi Arabia's Efforts To Promote Football In Young Girls -
Northern Lights: Calm Conditions Persist Amid Low Space Weather Activity -
'Look What Andrew Has Done': Meghan Markle Defended On Jeremy Vine Show -
Apple, Google Agree To Make 'app Store' Changes Over UK Regulator Concerns -
Autodesk Files Lawsuit Against Google Over AI Video Tool Trademark Dispute -
San Francisco 49ers Player Shot Near Post-Super Bowl Party -
Kardashian-Jenner Clan Brings Lewis Hamilton Into The Fold: Watch -
Meghan Markle 'quietly Dreaded' As Ex-best Friend Receives Lucrative Offer For Bombshell Memoir About Duchess -
Blake Shelton, Gwen Stefani Make Big Move To Save Their Marriage