You dont have javascript enabled! Please enable it!
Archives

SOURCE: AFI

Iran has revealed that certain aspects of its recently signed 10-year deal with India for the development of the strategic Chabahar port have been classified as confidential. The decision, according to Iranian officials, is aimed at shielding the agreement from potential US pressure.

Ali Akbar Safaei, head of Iran’s Ports and Maritime Organization, expressed concerns about the possibility of India facing US sanctions if the full details of the Chabahar contract were made public. The comments come days after Safaei declined to disclose specifics about India’s future operations at the port during a press conference.

The May agreement between Iran and India granted India Ports Global (IPGL) exclusive rights to develop and manage Chabahar for a decade. This marked a significant step forward for the project, which has been in the works for several years. India has already invested $85 million in the port and has committed to an additional $285 million under the new deal.

Chabahar is strategically important for both India and Iran as it offers a bypass to Pakistan and provides access to Central Asia. India has been vying to counter China’s influence in the region through its investment in Chabahar, while Iran seeks to develop the port as a major trade hub.

The decision to maintain confidentiality over certain aspects of the agreement highlights the complexities of operating in a geopolitical landscape marked by sanctions and rivalries.






error: <b>Alert: </b>Content selection is disabled!!