US grants India a six-month waiver on Chabahar port sanctions.
The United States has granted India a six-month waiver from sanctions related to the Chabahar port project, as confirmed by the Ministry of External Affairs (MEA). This development underscores the ongoing dialogue between India and the US regarding a potential trade deal, amid India’s efforts to navigate the implications of recent US sanctions on Russian oil. MEA spokesperson Randhir Jaiswal emphasized India’s commitment to securing affordable energy from diverse sources to meet the needs of its 1.4 billion citizens. This waiver not only reflects a strategic partnership but also demonstrates the US’s recognition of India’s critical role in regional stability and energy security. The broader implications of this waiver could enhance India’s geopolitical influence while promoting connectivity in the region.
