India's role in Iran's Chabahar port is uncertain due to expiring US sanctions waiver, impacting the International North-South Transport Corridor (INSTC). India may temporarily transfer its stake to an Iranian entity to retain future options.
India's role in the Chabahar port in Iran is uncertain due to expiring US sanctions waivers, impacting the International North-South Transport Corridor (INSTC). India may temporarily transfer its stake to an Iranian entity. Analysts believe INSTC can survive but India's influence may diminish.
India's External Affairs Minister S Jaishankar to meet Iranian counterpart Seyed Abbas Araghchi to discuss energy and connectivity concerns.
India is considering options for its $120 million stake in Iran's Chabahar port ahead of a US sanctions waiver expiry on April 26. New Delhi is holding separate talks with the US and Iran, with one option being a temporary transfer of the stake to an Iranian entity. India does not plan to completely exit the port, which serves as a key gateway for goods to Afghanistan and Central Asia, bypassing Pakistan. The waiver was revoked in September 2025 but granted again until April 2026 after lobbying from New Delhi.
