Overview
- News outlets reported varying timelines for the renewed waiver, with WION citing an extension through April 2026 and CNN-News18, citing government sources, reporting coverage until early next year.
- The waiver allows India Ports Global Ltd to continue running Iran’s Shahid Beheshti terminal at Chabahar, which had faced a wind-down directive flagged in an OFAC letter valid through October 28.
- The State Department previously said revoking the rare exemption aligned with President Trump’s maximum pressure policy on Iran, prompting active talks between New Delhi and Washington on continuity.
- India signed a 10-year operating contract for the terminal in 2024, and reporting notes the pact does not treat sanctions as force majeure, raising exposure to penalties if operations halt.
- Chabahar underpins India’s shipments of humanitarian aid to Afghanistan and provides access to Central Asia via routes that bypass Pakistan and connect to the International North-South Transport Corridor.