Checking impact on India, says MEA after US revokes Chabahar sanctions waiver, Pg 9.

Key Highlights:

• The US has revoked the sanctions waiver for Iran's Chabahar port, effective September 29.
• India's Ministry of External Affairs (MEA) is assessing the impact of this decision.
• The Chabahar port is crucial for India's access to Afghanistan and Central Asia.
• India has invested $25 million in equipment for the Shahid Beheshti Terminal at Chabahar.

Detailed Insights:

• The US decision aligns with its "maximum pressure" policy to isolate Iran.
• The Chabahar port is located in Iran's Sistan-Baluchistan province and is its closest port to India.
• In May 2016, India, Iran, and Afghanistan signed the Chabahar Agreement to establish an International Transport and Transit Corridor.
• India is involved in developing the first phase of the Shahid Beheshti Terminal, including supplying Mobile Harbour Cranes.

Key Concepts Involved:

• Sanctions Waiver: A temporary lifting of economic penalties on a specific activity or entity.
• International Transport and Transit Corridor: A network facilitating trade and transportation between countries.
• Maximum Pressure Policy: A strategy of applying intense economic and diplomatic pressure on a country.