India and Chahbahar Port

  Sanctions on Iran Following talks between Iran and the “E3+3” countries (China, France, Germany, Russia, UK and the US) an interim agreement known as the “Joint Plan of Action” was reached by both sides on November 24, 2013, which provides for a temporary freeze on further unilateral financial sanctions against Iran by these countries till July 20, 2014. Government, therefore, continues efforts to promote India’s participation in the development of the Iranian port of Chahbahar as it will help promote India’s economic interests throughout the region including in Afghanistan, Iran and in the Central Asian region. Government has been taking all necessary measures to enhance India’s energy security. Indian oil companies continuously engage ...
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