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  • EghtesadOnline: India's payment system with Iran is being relaxed further for basmati rice exports. This comes after the US allowed India to continue importing crude oil from Iran and develop Chabahar Port.

  • EghtesadOnline: The United States said on Tuesday it would exempt Iran's Indian-backed port of Chabahar from new sanctions on Tehran, recognizing the value of the project to Afghanistan.

  • EghtesadOnline: Indian Foreign Secretary Vijay Gokhale has highlighted the importance of development of Iran's Chabahar Port to bypass Pakistan and reach Afghanistan's market.

  • EghtesadOnline: India is weighing a rupee-rial payment mechanism for the Chabahar Port project in Iran as it weaves a way around the impending sanctions imposed by the US on the Persian Gulf nation from November 4, to kickstart the port that is considered critical to the country’s geopolitical and trade interests.

  • EghtesadOnline: India and Iran have renewed efforts to operationalize one berth at Chabahar Port amid growing fears of US sanctions on Iran kicking in early next month.

  • EghtesadOnline: Chabahar Port can play a vital role in the expansion of Kabul-New Delhi trade and transit ties, but the new sanctions by the United States on Iran, which will affect the port's transactions, are a political issue, the CEO of Afghan-American Chamber of Commerce said.

  • EghtesadOnline: Following fresh US sanctions on Iran over its nuclear program that puts the strategic Chabahar Port project in jeopardy and calls for a complete stop to all Iranian oil exports, India is in touch with all stakeholders over the matter, India’s External Affairs Ministry said on Thursday.

  • EghtesadOnline: Iran will hand over the strategic Chabahar Port to an Indian company within a month for operation as per an interim pact, Iranian Minister of Roads and Urban Development Abbas Akhoundi said on Thursday.

  • EghtesadOnline: Managing Director of Ports and Maritime Organization of Iran Mohammad Rastad said India will officially begin the $85 million investment it has committed in Chabahar Port soon.

  • EghtesadOnline: Iran’s Indian-backed port of Chabahar, inaugurated months before the United States reimposed sanctions on the Islamic Republic, is where Asia and the Middle East’s multiple political conflicts and commercial rivalries collide.