India’s Bold Russia Message Amid Trump Pressure, Says This On US Waiver for Iran’s Chabahar Port #HindustanTimes
India’s Bold Russia Message Amid Trump Pressure, Says This On US Waiver for Iran’s Chabahar Port
India’s Ministry of External Affairs (MEA) announced today that American sanctions will not apply to the Chabahar Port project in Iran, providing clarity over the strategic initiative. Under a 10-year agreement signed last year, state-run India Ports Global Ltd (IPGL) committed to invest $370 million in developing the port, which holds significant strategic importance for India’s regional connectivity and trade interests. The MEA’s statement comes as New Delhi and Washington engage in intense negotiations to finalise a major trade deal, highlighting the balancing act in India’s foreign and economic policy.
#usindiatensions #chabaharport #waiverrevoked #trumptariffs #tradewar #indiausrelations #indiaustradewar #trump #modi #hindustantimeslive
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