Hindustan Times ST (Mumbai)

US exempts India from sanctions for Chabahar Port

- Press Trust of India

WASHINGTON: The United States (US) has exempted India from imposition of certain sanctions for the developmen­t of the strategica­lly-located Chabahar Port in Iran, along with the constructi­on of the railway line connecting it with Afghanista­n, a state department spokespers­on said.

The decision by the Trump administra­tion, which a day earlier imposed the toughest ever sanctions on Iran and is very restrictiv­e in giving exemptions, is seen as a recognitio­n by Washington of India’s major role in the developmen­t of the port on the Gulf of Oman, which is of immense strategic importance for the reconstruc­tion of wartorn Afghanista­n.

“After extensive considerat­ion, the secretary (of state) has provided for an exception from imposition of certain sanctions under the Iran Freedom and Counter-proliferat­ion Act of 2012, with respect to the developmen­t of Chabahar Port, constructi­on of an associated railway and for shipment of non-sanctionab­le goods through the port for Afghanista­n’s use, as well as the country’s continued imports of Iranian petroleum products,” a state department spokespers­on said.

The US on Monday imposed

sanctions that cover Iran’s banking and energy sectors and reinstate penalties for countries and companies in Europe, Asia and elsewhere that do not halt Iranian oil imports.

However, secretary of state Mike Pompeo said that eight countries – India, China, Italy, Greece, Japan, South Korea, Taiwan and Turkey – were temporaril­y allowed to continue buying Iranian oil as they showed “significan­t reduction” in oil purchase from the Persian Gulf country.

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