Amid sanctions on Iran, US official says- reviewing Chabahar Port developments

On Thursday, at the Center for Strategic and International Studies (a top American think tank), Principal Deputy Assistant Secretary of State for South and Central Asia, Alice Wells said, “We are reviewing Chabahar project in the context, in particular of Afghanistan, and in the spirit that the idea of our sanctions are not to punish partners or to imperil partners, but to bring a price tag for Iran’s malign behavior”.

She said, “As we review the issue of Chabahar, it’ll be in the context of what it provides for the stabilization of Afghanistan or for the kind of regional connectivity that serves other interests as well. But it’s an ongoing process of review”.

Wells acknowledged the India’s concern about the fluctuating oil prices and mentioned that India is working to reduce the oil imports from Iran. She said, “Obviously, India is quite sensitive to price fluctuation”.
She further added, “We’ve already seen a reduction underway over the last month. There’s been a substantial reduction (in India’s purchase of oil from Iran). I think the private sector responds to a risk and concern over consequences. So I think that’s going to be there. You’re going to see a clear response from the private sector in that regard and will continue our conversations with the government of India”.
Chabahar port is being developed by India in ran to boost trade with Afghanistan and Central Asia, and it is being considered golden opportunity to ramp up trade between India, Iran and Afghanistan in case Pakistan denies transit access to India.

Last month US president Trump vowed to sanction the countries that will continue business with Iran. Iranian ports will also be under the threat of sanctions. Sanctions on Iran will be in full implementation from November 4, 2018.

CM Jakhar

A news enthusiast by hobby, CM is the founder of Prediction Junction. He is always passionate to dig into the latest in the world and has a natural way of depicting his analysis and thoughts. His main motive is to bring the true and recent piece on where the world is heading.

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