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India denies reports of exit from Chabahar port amid US sanctions
- With a US exemption running until April 26, 2026, India continues to monitor its involvement in the Chabahar port project amid evolving sanctions and unrest in Iran.
- As a strategic move, India emphasizes Chabahar's role in the 7,200-km International North-South Transport Corridor and is discussing a new entity to reduce sovereign risk.
- MEA spokesperson Randhir Jaiswal said India may transfer its committed $120,000,000 and has advised nationals not to travel to Iran, urging about 9,000 Indians to leave amid ongoing anti-government protests.
- The US has applied pressure through both economic and security warnings, with government sources saying the 25% tariff threat will minimally affect India's $1.6 billion trade last year.
- The External Affairs Ministry is engaging with the US to clarify conditions and consider new institutional arrangements and financial measures, including transferring its committed $120 million to reduce sovereign exposure.
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Will US Sanctions Derail India’s Chabahar Port Plans? MEA Clarifies | 📰 LatestLY
India has denied reports of withdrawing from Iran’s Chabahar port project amid US sanctions concerns. The MEA said New Delhi is in talks with Washington to address risks under CAATSA, stressing the port’s strategic and humanitarian importance for regional connectivity. 📰 Will US Sanctions Derail India’s Chabahar Port Plans? MEA Clarifies.
Coverage Details
Total News Sources32
Leaning Left4Leaning Right8Center1Last UpdatedBias Distribution61% Right
Bias Distribution
- 61% of the sources lean Right
61% Right
L 31%
R 61%
Factuality
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