Iran backs Chabahar port, ready to expand ties with India
Iran reaffirms its commitment to the Chabahar port and cooperation with India, despite US sanctions uncertainty. While a recent budget showed no allocation, India has fulfilled its $120 million commitment and maintains a $250 million credit line for future development. Iran's ambassador highlighted the port's strategic importance for regional access and expressed confidence in India's management of the situation.
Iran reaffirms its commitment to the Chabahar port and cooperation with India, despite US sanctions uncertainty. While a recent budget showed no allocation, India has fulfilled its $120 million commitment and maintains a $250 million credit line for future development. Iran's ambassador highlighted the port's strategic importance for regional access and expressed confidence in India's management of the situation.
