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India Examining Implications After US Revokes Chabahar Sanctions Waiver: MEA

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India said it is studying the implications of the US government’s decision to revoke the sanctions waiver for the Chabahar Port project in Iran- a move that threatens one of New Delhi’s most critical connectivity initiatives in the region. The Ministry of External Affairs (MEA) said, “We have seen the US press statement regarding revocation of sanctions waiver for Chabahar Port. We are presently examining its implications for India.”

The waiver, granted in 2018, allowed India to develop and operate the Chabahar Port without running afoul of US sanctions on Iran. The port has been central to India’s plans to establish a direct trade and transit route to Afghanistan and Central Asia, bypassing Pakistan.

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The Donald Trump administration announced that the waiver will be withdrawn with effect from September 29, as part of Washington’s “maximum pressure” campaign against Tehran over its suspected nuclear programme.

“Once the revocation is effective, persons who operate the Chabahar Port or engage in other activities described in IFCA (Iran Freedom and Counter-Proliferation Act) may expose themselves to sanctions under IFCA,” the US State Department said.

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