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
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