Chaba­har Port Ex­empted From Sanc­tions

Iran News - - FRONT PAGE -

WASH­ING­TON (Dis­patches) - United States Sec­re­tary of State Michael Pom­peo has ap­proved sanc­tions ex­emp­tion for the de­vel­op­ment of Iran’s Chaba­har Port, which is re­lated to Afghanistan’s eco­nomic de­vel­op­ment and re­con­struc­tion as­sis­tance.

In a state­ment, a U.S. State De­part­ment spokesper­son told ANI, “Af­ter ex­ten­sive con­sid­er­a­tion, the Sec­re­tary (Pom­peo) has pro­vided for an ex­cep­tion from the im­po­si­tion of cer­tain sanc­tions un­der the Iran Free­dom and Counter-Pro­lif­er­a­tion Act of 2012 (IFCA) with re­spect to the de­vel­op­ment of Chaba­har Port and the con­struc­tion of an as­so­ci­ated rail­way and for the ship­ment of non-sanc­tion­able goods through the Port for Afghanistan’s use, as well as Afghanistan’s con­tin­ued im­ports of Ira­nian pe­tro­leum prod­ucts.?”

The spokesper­son added that the ex­cep­tion is re­lated to the re­con­struc­tion as­sis­tance and eco­nomic de­vel­op­ment for Afghanistan.

“Th­ese ac­tiv­i­ties are vi­tal for the on­go­ing sup­port of Afghanistan’s growth and hu­man­i­tar­ian re­lief,” the spokesper­son said.

“The Pres­i­dent’s South Asia strat­egy un­der­scores our on­go­ing sup­port of Afghanistan’s eco­nomic growth and de­vel­op­ment as well as our close part­ner­ship with In­dia. We seek to build on our close re­la­tion­ships with both coun­tries as we ex­e­cute a pol­icy of max­i­mum pres­sure to change the Ira­nian regime’s desta­bil­is­ing poli­cies in the re­gion and be­yond,” the spokesper­son added.

In­dia con­sid­ers the Chaba­har Port a key strate­gic as­set, giv­ing it ac­cess to land-locked Afghanistan while by­pass­ing Pak­istan. The sanc­tions, which came into ef­fect on Mon­day, had threat­ened New Delhi’s abil­ity to ac­quire fi­nanc­ing for the port’s de­vel­op­ment.

The Chaba­har Port com­plex is ex­pected to pave the way for mil­lions of dol­lars in trade and is be­ing de­vel­oped as part of a new trans­porta­tion cor­ri­dor for land-locked Afghanistan. Both In­dia and Iran had signed an agree­ment worth USD 85 mil­lion to de­velop the strate­gic port in south-eastern Iran.

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