Jannah Theme License is not validated, Go to the theme options page to validate the license, You need a single license for each domain name.
World News

S Jaishankar: India supports Iran port deal after US caution

  • By Cherylann Mollan
  • BBC News, Mumbai

Image source, Getty Images

Legend, Indian Foreign Minister S Jaishankar said the deal would benefit the entire region.

India has urged the United States not to take a “narrow view” of its port deal with Iran, a day after Washington warned that countries entering into trade deals with Tehran risk sanctions.

The United States said any country considering trade deals with Iran “must be aware of the potential risks.”

But Delhi supported the move and said the deal would benefit the region.

“I think it’s about communicating and convincing and making people understand that this is actually in everyone’s best interest. I don’t think people should have a narrow view of it.” Foreign Minister S Jaishankar told reporters on Tuesday. He was responding to a question about Washington’s remarks on the deal.

Mr Jaishankar added that in the past the US had also “appreciated the fact that Chabahar has greater significance” and that a long-term deal with Iran was needed to improve the port’s operations.

“And we believe that the operation of the port will benefit the entire region,” he said.

India first struck a deal to develop the Chabahar port, close to Iran’s border with Pakistan, in 2016. It resumed operations in late 2018.

The port opened a transit route for Indian goods and products to Afghanistan and Central Asia, bypassing the land route through Pakistan – neighboring India and Pakistan share strained relations.

So far, 2.5 million tonnes of wheat and 2,000 tonnes of pulses have been shipped from India to Afghanistan through Chabahar port, according to officials.

Under the new agreement, India is expected to further develop the port by investing around $370 million in the project.

The country’s shipping minister called it a “historic moment in India-Iran relations.”

But US State Department deputy spokesperson Vedant Patel said in response to a question on Tuesday that Washington would continue to impose sanctions on Iran.

“Any entity, anyone considering entering into trade deals with Iran, needs to be aware of the potential risks they are exposed to and the potential risk of sanctions,” Mr. Patel added.

India’s crucial ally, Washington maintains tense relations with Tehran. The country has imposed more than 600 sanctions against Iran-linked entities over the past three years.

Read more stories from BBC India:

News Source : www.bbc.com
Gn world

Back to top button