India-Iran Chabahar Port Deal Faces US Sanctions Threat
India aims to enhance trade with Central Asia despite potential US sanctions over its strategic partnership with Iran.
- India and Iran signed a 10-year agreement to develop the Chabahar Port, enhancing trade routes to Central Asia.
- The US has warned of possible sanctions against entities doing business with Iran, including this port project.
- India seeks to bypass Pakistan's Gwadar Port, a key part of China's Belt and Road Initiative.
- Analysts believe the US might not enforce sanctions strictly due to the upcoming elections in both countries.
- The Chabahar Port is vital for India's regional strategy and countering China's influence.