• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

Active ETFs Now Take 42% of Every Dollar Flowing Into ETFs, Up From 26% in 2024

August 22, 2026

How to Legally Stiff-Arm Interest Charges for Almost Two Years and Pocket Thousands Like a Boss * The Gateway Pundit * by Promoted Post

August 22, 2026

‘I Don’t Know Where I Would Be Without Jesus!’

August 22, 2026
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Saturday, August 22
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    How to Legally Stiff-Arm Interest Charges for Almost Two Years and Pocket Thousands Like a Boss * The Gateway Pundit * by Promoted Post

    August 22, 2026

    How Important Are the Upcoming November Elections? * The Gateway Pundit * by Guest Contributor

    August 22, 2026

    Convicted Murderer Karmelo Anthony’s Terrifying School Records and More Stunning Texts are Revealed for the First Time, Including “Imma Shoot the School Up Tmr”

    August 22, 2026

    Karoline Leavitt Reveals What Her New Job Will Be After Leaving the White House * The Gateway Pundit * by Cullen Linebarger

    August 22, 2026

    “You Are 1% of This Nation…This City Is No Longer Under American Law…Enough is Enough!” – Christian Pastor Absolutely EXPLODES on Dearborn City Council During Meeting (VIDEO)

    August 22, 2026
  • Health

    Cannabis Use Disorder Is Rising— Public Health Needs To Catch Up

    August 21, 2026

    New clues emerge in direction of RFK Jr.’s vaccine policy changes

    August 21, 2026

    Ebola vaccine, Meta glasses, prostate cancer: Morning Rounds

    August 21, 2026

    What We Can Learn From Taiwan And Egypt About Ending Endemic Disease

    August 21, 2026

    Science, risks and data behind focal therapy for prostate cancer

    August 21, 2026
  • World

    North Korea Launches Missile Barrage After Trump’s Peace Overtures

    August 22, 2026

    CNN Host Spots Latest Sign Trump Is ‘Not Living In The Real World’

    August 22, 2026

    South America Produces 4,000 Metric Tons of Cocaine per Year, Argentine Minister Says

    August 22, 2026

    ‘Survival Mode’: Indiana Residents Endure A Ninth Day Without Power

    August 22, 2026

    Pope Leo XIV Meets Lebanese President, Expressing ‘Serious Concerns’ on Implementing Israel Peace Deal

    August 22, 2026
  • Business

    ATF Rule Could Cause Classic Showdown Between Mom And Pop Shops Versus Online Retailers

    July 10, 2026

    Costco Shows That You Can Build A Thriving Business With One Simple Trick (Pay Your Workers)

    July 9, 2026

    The Agency Elizabeth Warren Built Now Advances Trump’s Agenda

    July 9, 2026

    Meta To Shell Out Billions For New AI Data Center Outside US

    July 9, 2026

    How Big Banks Are Scheming To Jack Up Your Fees

    July 8, 2026
  • Finance

    Active ETFs Now Take 42% of Every Dollar Flowing Into ETFs, Up From 26% in 2024

    August 22, 2026

    TSMC’s $100 Billion Arizona Expansion Shows The Stock Is a No-Brainer Buy

    August 22, 2026

    3 Dividend ETFs Worth Buying Before September

    August 22, 2026

    Warren Buffett sends investors 10-word stock market warning

    August 22, 2026

    I’m 44 with $1.3 million in my 401(k) — can I stop contributing and still retire in 15 years?

    August 22, 2026
  • Tech

    Trump Explains His Support for AI Data Centers: Job Creation, Lower Taxes

    August 22, 2026

    Tech Giants Scramble to Calm Public Anger over AI Data Centers

    August 22, 2026

    TikTok Agrees to $400 Million Settlement over Child Privacy Violations

    August 22, 2026

    James Talarico Shuts Out Local News at Campaign Event

    August 22, 2026

    Darth Vader Shows Up at San Diego City Council Meeting to Mock Flock Cameras

    August 22, 2026
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Finance»India, Iran, and the Taliban’s Gamble on Chabahar 
Finance

India, Iran, and the Taliban’s Gamble on Chabahar 

May 28, 2024No Comments5 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
India, Iran, and the Taliban’s Gamble on Chabahar 
Share
Facebook Twitter LinkedIn Pinterest Email

India is trying to breathe life into Iran’s long delayed Chabahar port. India Ports Global Limited (IPGL) and the Ports and Maritime Organization of Iran signed a 10-year deal on May 13 that allows New Delhi to develop and operate the Iranian port of Chabahar. Under the agreement, IPGL will invest about $120 million while there will be an additional $250 million in financing, bringing the contract’s value to $370 million.

The “Chabahar Agreement” to establish an international transport and transit corridor between India, Afghanistan, and Iran goes back to May 2016. The agreement sought to use the port not only to transport and transit goods and passengers among all these three countries but also to attract the transit of goods and passengers from other countries. Then-Iranian President Hassan Rouhani inaugurated the first phase of the Chabahar Port in December 2017. The IPGL first took over operations of the port at the end of 2018 and has since handled container traffic of more than 90,000 TEUs with bulk and general cargo of more than 8.4 million tonnes.

The Trump administration issued a waiver in 2018 that exempted Chabahar from U.S. sanctions to enable the port’s use to aid Afghan reconstruction efforts. At the time, a State Department spokesman said that U.S. President Donald Trump’s “South Asia strategy underscores our ongoing support of Afghanistan’s economic growth and development as well as our close partnership with India.” 

“This exception relates to reconstruction assistance and economic development for Afghanistan. These activities are vital for the ongoing support of Afghanistan’s growth and humanitarian relief,” the spokesman added.

See also  Termination of Hostilities with Iran Would Be 'Surrendering'

Responding to the recent agreement, however, the United States has sounded a word of caution, indicating the Indian company IPGL is liable to be sanctioned if it goes ahead with the investment. 

American considerations regarding Chabahar have changed since it exited Afghanistan in August 2021. Washington has no plans to recognize the Taliban-led regime that replaced the Republic government and has worked on a strategy that applies financial pressure in the hopes of shifting the Taliban’s regressive policies. Although such a strategy has not yielded any results, the activation of Chabahar as a major trade and transit hub that the Taliban can benefit from potentially further diminishes the prospects of the U.S. strategy. 

For India, on the other hand, Chabahar is a project that provides multiple benefits. It is about maintaining its historical ties with Iran, which had been damaged to an extent as the Indian import of Iranian oil had dried up and their policies on a host of matters have diverged. It is about also activating the dormant International North-South Transport Corridor (INSTC) that aims at facilitating trade between India, Iran, Russia, and several Central Asian and West Asian states. With the India-Middle East Economic Corridor (IMEC) project unveiled with much enthusiasm in 2023 being almost given up for dead amid Israel’s war in Gaza and negotiations for free trade agreements with the EU and U.K. stuck in limbo, India’s need for alternate trade routes has grown immensely. 

Chabahar is also about India reinventing itself in Afghanistan, much in the same manner it did for two decades between 2001 and 2021, building close relations with the Republic government and with common Afghans. One of the crucial aspects of the 2016 Chabahar agreement was to provide land-locked Afghanistan “access to open seas,” bypassing Pakistan’s Karachi and Gwadar ports. Pakistan has over the decades repeatedly closed its borders to Afghanistan, denying the country access to the sea and trade and transit opportunities with India and South Asia. The same has become relevant yet again in the light of difficult Afghanistan-Pakistan relations.

See also  BofA Maintains a Neutral Rating on Allegion plc (ALLE)

The groundwork to reactivate Chabahar to provide an alternate route has been laid through numerous negotiations, both overt and behind the scenes.

In the past few months, India’s proximity to the Taliban has grown, corresponding with plummeting Afghanistan-Pakistan relations and also turbulent Tehran-Islamabad ties. Taliban officials have spoken publicly about disconnecting from “a country [i.e. Pakistan] that has been heavily involved in Afghanistan’s affairs.” During the March 2024 meeting between Amir Khan Muttaqi, the Taliban’s foreign minister, and J.P. Singh, the head of the Afghanistan and Pakistan Division of India’s Foreign Ministry, in Kabul, Chabahar came up for discussion. A statement from the Taliban Foreign Ministry on March 28 specifically mentioned India’s “support for bolstering trade between the two nations via the Chabahar port.” Earlier that month, the Taliban announced its plan to invest around $35 million in Chabahar port.     

Indian, as well as Iranian, approaches toward the Taliban have converged on engagement with the Islamic Emirate. It isn’t difficult, therefore, to see that New Delhi, Tehran, and Kabul are trying to overcome the sense of déjà vu by implementing the original Chabahar plan. Even if this entails going ahead with the deal without express endorsement from the United States, these regional players are willing to risk a gamble on the regional chess board.

Backchannel diplomacy and robust strategic ties between India and the U.S. have allowed New Delhi to bypass U.S. sanctions while importing S-400 missiles and subsequently oil from Russia. This time too, New Delhi remains confident it will be able to, in the words of the Indian foreign minister, “communicate, convince and get” the United States’ hushed nod on the Chabahar deal, so that IPGL won’t be sanctioned. New Delhi remains a critical partner for the U.S. in its growing competition with China and Washington would avoid harsh measures, especially in an election year. More importantly, in time of shifting regional alignments and alliances, India and the United States will have to navigate a complex and difficult regional terrain as they look toward avenues for building a stronger strategic partnership.

See also  Happy Belly takes full control of Pirho Fresh Greek Grill
Chabahar Gamble India Iran Talibans
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Active ETFs Now Take 42% of Every Dollar Flowing Into ETFs, Up From 26% in 2024

August 22, 2026

TSMC’s $100 Billion Arizona Expansion Shows The Stock Is a No-Brainer Buy

August 22, 2026

3 Dividend ETFs Worth Buying Before September

August 22, 2026

Warren Buffett sends investors 10-word stock market warning

August 22, 2026
Add A Comment

Leave A Reply Cancel Reply

Top Posts

‘Abandoned By The Democratic Party’: Auto Workers Turning On ‘Union Joe’ As Major Strike Looms

September 13, 2023

Democrats Object To Vance’s Bill To Ban Mask Mandates

September 8, 2023

Tesla, JD.com, Fox & more

May 13, 2023

Governor uses federal COVID funds to launch transgender website

April 16, 2023
Don't Miss

Active ETFs Now Take 42% of Every Dollar Flowing Into ETFs, Up From 26% in 2024

Finance August 22, 2026

Exchange-traded funds (ETFs) are widely synonymous with passive investing. So much so that when investors…

How to Legally Stiff-Arm Interest Charges for Almost Two Years and Pocket Thousands Like a Boss * The Gateway Pundit * by Promoted Post

August 22, 2026

‘I Don’t Know Where I Would Be Without Jesus!’

August 22, 2026

Trump Explains His Support for AI Data Centers: Job Creation, Lower Taxes

August 22, 2026
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,399)
  • Entertainment (6,416)
  • Finance (4,694)
  • Health (2,775)
  • Lifestyle (1,921)
  • Politics (4,327)
  • Sports (5,126)
  • Tech (2,546)
  • Uncategorized (4)
  • World (6,548)
Our Picks

MEPs Denounce EU Carbon Tax As Green Agenda Passes Parliament

April 21, 2023

I Could Only Acknowledge

June 5, 2026

Venezuela Signs Deal with General Electric to Restore Nation’s Power Grid

June 18, 2026
Popular Posts

Active ETFs Now Take 42% of Every Dollar Flowing Into ETFs, Up From 26% in 2024

August 22, 2026

How to Legally Stiff-Arm Interest Charges for Almost Two Years and Pocket Thousands Like a Boss * The Gateway Pundit * by Promoted Post

August 22, 2026

‘I Don’t Know Where I Would Be Without Jesus!’

August 22, 2026
© 2026 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.