New Delhi [India], March 24 (ANI): The Exterior Affairs Ministry on Tuesday stated that India is participating with involved stakeholders over america’ conditional sanctions waiver until April 26 for the Chabahar Port in Iran..
In a written reply to CPI(M) MP John Brittas within the Rajya Sabha, Minister of State in MEA, Kirti Vardhan Singh, stated that India has fulfilled its dedication of contributing USD 120 million for the procurement of port tools, and there’s no additional monetary dedication from New Delhi in direction of Chabahar Port.
Kirti Vardhan Singh stated, ‘On 13 Could 2024, India Ports International Restricted (IPGL) signed a ten-year contract with the Ports and Maritime Organisation (PMO) of Iran for equipping and working the Shahid Beheshti Terminal at Chabahar Port. Underneath the provisions of the contract, India has fulfilled its dedication of contributing USD 120 million for the procurement of port tools. Subsequently, there is no such thing as a additional monetary dedication from the Authorities of India in direction of the port.’
‘On 16 September 2025, the US State Division revoked the sanctions exception issued in 2018 beneath the Iran Freedom and Counter Proliferation Act of 2012 for Afghanistan’s reconstruction and financial growth, efficient 29 September 2025. Pursuant to discussions with the US facet, the latter issued steering extending the conditional sanctions waiver till 26 April 2026. The Authorities of India stays engaged with all involved with the intention to tackle the implications of those developments,’ Singh stated.
The Chabahar Port mission was conceptualised to offer much-needed connectivity to Afghanistan for its reconstruction and financial growth, and to spice up commerce and financial linkages with Central Asia.
On 13 Could 2024, IPGL signed a ten-year contract with the Ports and Maritime Organisation of the Islamic Republic of Iran to equip and function the Shahid Beheshti Terminal at Chabahar Port. Underneath the contract, India has fulfilled its dedication to contribute USD 120 million towards the procurement of port tools.
In January 2026, Ministry of Exterior Affairs spokesperson Randhir Jaiswal said, ‘On the query of Chabahar, on 28 October, 2025, as you might be conscious, the US Division of the Treasury had issued a letter outlining steering, the steering on the Conditional Sanctions Waiver, which is legitimate till 26 April 2026. We stay engaged with the US facet in figuring out this association.’ (ANI)
