EghtesadOnline: Afghanistan has exported its first consignment of perishable goods to India through Iran’s Chabahar Port, ILNA quoted Behrouz Aqaei, director general of Ports and Maritime Organization of Sistan-Baluchestan Province, as saying on Sunday.
EghtesadOnline: The prospects of economic cooperation continuing between Iran and India still seem promising, given New Delhi's long-held policy of balancing its relations with Tehran and Washington and a sanctions exemption for the development of Chabahar Port, say political observers.
EghtesadOnline: A ship carrying 72,000 tons of bulk corn from Brazil arrived and unloaded in Chabahar’s Shahid Beheshti Port on Thursday.
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.