The administration of US President Donald Trump has announced that the exemption from sanctions on Iran's Chabahar port will no longer be in force. This is reported by the authoritative Indian newspaper The Times of India.
This decision is a significant blow to India, as Chabahar is considered an object of strategic importance for the country. It is India's only route to Afghanistan and Central Asia, bypassing Pakistan.
The port has also been a competitor to the Pakistani port of Gwadar, which is being developed with the support of China.
India has already invested about $ 120 million, and the continuity of investments has been questioned.
According to analysts, this step by Washington may hinder India's regional plans and strengthen China's influence.
It is worth noting that Armenia is also negotiating various trade scenarios with India and Iran through this port.
