Business Standard

Adani Ports to stop handling containers from Iran, Pak, Af


India's largest port operator Adani Ports and Special Economic Zone said on Monday that its terminals would no longer handle export and import of container cargoes from Iran, Pakistan and Afghanista­n from November 15. “This trade advisory will apply to all terminals operated by (Adani Ports) and including third party terminals at any (company) port till further notice,” Adani Ports, which is part of the Adani Group conglomera­te, said in a statement. The company did not give a reason for its action. "The port has issued it to the concerned stakeholde­rs,” an Adani Group spokesman said without giving any other details. The decision comes weeks after Indian officials seized nearly three tonnes of heroin originatin­g from Afghanista­n worth an estimated ~200 billion ($2.65 billion) from two containers at western Gujarat's Mundra Port, run by Adani Ports.

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