and Iran have renewed efforts to operationalize one berth at the Chabahar port
amid growing fears of US sanctions on Iran kicking in from the first week of
November. An Iranian delegation was in Delhi last week and it was decided to
redouble efforts to complete the remaining work for the first berth.
said the project was delayed due to fears of US sanctions and efforts were on
to put in place a payment mechanism for the strategically important Chabahar
port through banking channels of the two countries.
is investing $500 million to develop the port and the road link from Chabahar
to Afghanistan, which will allow New Delhi access to Afghanistan via the
sea-land route bypassing Pakistan. It has taken more than 15 years for India
and Iran to operationalize the port after it was first proposed nearly twenty
shipments were done this year when Indian wheat was exported to the war tron