Brief by Shorts91 Newsdesk / 04:30am on 30 Oct 2025,Thursday India Global
India secured an extension of the US sanctions waiver for Iran's Chabahar Port operations until early 2026, ensuring continuity for New Delhi's crucial regional connectivity project. The waiver, expiring Tuesday, allows India Ports Global Limited to continue developing the Shahid Beheshti Terminal despite Trump's maximum pressure policy on Iran. The extension provides relief for India's humanitarian aid deliveries to Afghanistan, bypassing Pakistan, and maintaining access routes to Central Asian countries like Uzbekistan and Kazakhstan. In 2024, India signed a 10-year operational contract for the terminal. The port integrates with the International North-South Transport Corridor linking India, Iran, Russia, and Central Asia. Since 2018, Chabahar has repeatedly received waivers recognizing its strategic and humanitarian value. (PC: X)