The Chabahar Port in Iran. Alamy
The Chabahar Port in Iran. Alamy
The Chabahar Port in Iran. Alamy
The Chabahar Port in Iran. Alamy

India says Iran's Chabahar port will benefit all after US warns of sanctions


Taniya Dutta
  • English
  • Arabic

An agreement with Iran to develop its Chabahar port will benefit all, India's Foreign Minister Subrahmanyam Jaishankar has said, responding to a US warning of potential sanctions.

India signed a 10-year agreement to run the strategic port in Iran, Mr Jaishankar said, emphasising that people should be open to the project.

It is a "question of communicating and convincing and getting people to understand that this is actually for everybody’s benefit," he said at the launch of a Bengali version of his book Why Bharat Matters in Kolkata on Wednesday.

The port will help the partners promote trade with landlocked Central Asian nations and Europe, bypassing Pakistan. India shares a tense relationship with its neighbour.

India’s Shipping Minister Sarbananda Sonowal called it a "historic moment in India-Iran ties”.

However, the US warned the agreement could risk India being sanctioned for deals with Iran.

The deepwater port in Sistan-Balochistan province in southeastern Iran will provide an alternative for trade between Iran, India and Afghanistan.

“I don’t think people should take a narrow view of it and they have not done so in the past,” Mr Jaishankar said.

“If you look at the US’ own attitude to Chabahar in the past, the US has been appreciative of the fact that Chabahar has a larger relevance. So, we will work at it.”

Mr Jaishankar’s comments followed a US warning to New Delhi that it would also potentially face the risk of sanctions on anyone considering business deals with Tehran.

The US has imposed more than 600 sanctions on Iran and Iranian-affiliated entities.

“I would let the government of India speak to its own foreign policy goals, vis-à-vis the Chabahar Port as well as its own bilateral relationship with Iran,” Vedant Patel, principal deputy spokesperson for the US State Department, said in a press briefing.

“Any entity, anyone considering business deals with Iran, they need to be aware of the potential risk they are opening themselves up to, potential risk of sanctions," Mr Patel said.

Signing ceremony of the Chabahar port project in Tehran on May 13. Tasnim
Signing ceremony of the Chabahar port project in Tehran on May 13. Tasnim

India will invest about $120 million, with an additional $250 million in financing the port.

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 media reports.

The port and the allied road network are considered a rival project to China’s Belt and Road initiative.

New Delhi has not joined the Belt and Road project and has staged protests over the multi-billion-dollar initiative as it passes through parts of the disputed Kashmir region under Pakistan's control that India claims as its own.

New Delhi also considers Beijing’s initiative as a threat to its security, with China expanding its economic and military influence across the Asia-Pacific region.

The US has viewed India as a partner to contain Chinese influence in the region.

The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

War 2

Director: Ayan Mukerji

Stars: Hrithik Roshan, NTR, Kiara Advani, Ashutosh Rana

Rating: 2/5

ENGLAND SQUAD

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Replacements 16 Jamie George, 17 Alec Hepburn, 18 Harry Williams, 19 George Kruis, 20 Sam Underhill, 21 Danny Care, 22 Jonathan Joseph, 23 Jack Nowell

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Coming soon

Torno Subito by Massimo Bottura

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Another exciting opening at the W Dubai – The Palm hotel is South Korean chef Akira Back’s new restaurant, which will continue to showcase some of the finest Asian food in the world. Back, whose Seoul restaurant, Dosa, won a Michelin star last year, describes his menu as,  “an innovative Japanese cuisine prepared with a Korean accent”.

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The highly experimental chef, whose dishes are as much about spectacle as taste, opens his first restaurant in Dubai next year. Housed at The Royal Atlantis Resort & Residences, Dinner by Heston Blumenthal will feature contemporary twists on recipes that date back to the 1300s, including goats’ milk cheesecake. Always remember with a Blumenthal dish: nothing is quite as it seems. 

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The burning issue

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Read part two: how climate change drove the race for an alternative 

UAE currency: the story behind the money in your pockets
UAE currency: the story behind the money in your pockets
Francesco Totti's bio

Born September 27, 1976

Position Attacking midifelder

Clubs played for (1) - Roma

Total seasons 24

First season 1992/93

Last season 2016/17

Appearances 786

Goals 307

Titles (5) - Serie A 1; Italian Cup 2; Italian Supercup 2

The five pillars of Islam

1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat 

The years Ramadan fell in May

1987

1954

1921

1888

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Sunday, June 21 Newcastle v Sheffield United 2pm; Aston Villa v Chelsea 7.30pm; Everton v Liverpool 10pm 

Monday, June 22 Manchester City v Burnley 11pm (Sky)

Tuesday, June 23 Southampton v Arsenal 9pm; Tottenham v West Ham 11.15pm 

Wednesday, June 24 Manchester United v Sheffield United 9pm; Newcastle v Aston Villa 9pm; Norwich v Everton 9pm; Liverpool v Crystal Palace 11.15pm

Thursday, June 25 Burnley v Watford 9pm; Leicester v Brighton 9pm; Chelsea v Manchester City 11.15pm; Wolves v Bournemouth 11.15pm

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Monday June 29 Crystal Palace vs Burnley 11pm

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Wednesday July 1 Bournemouth vs Newcastle 9pm; Everton vs Leicester 9pm; West Ham vs Chelsea 11.15pm

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The years Ramadan fell in May

1987

1954

1921

1888

The biog

Age: 59

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The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

Read part one: how cars came to the UAE

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Power: 450hp

Torque: 700Nm

Price: From Dh450,000, Autograph model from Dh510,000

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Transmission: 10-speed auto

Power: 300hp

Torque: 420Nm

Price: Dh189,900

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The National selections:

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10pm: Chasing Dreams

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While you're here

Company profile

Name: Oulo.com

Founder: Kamal Nazha

Based: Dubai

Founded: 2020

Number of employees: 5

Sector: Technology

Funding: $450,000

Updated: May 15, 2024, 10:52 AM`