Iran backs Chabahar port, ready to expand ties with India

2026-02-06 - 20:15

Iran reaffirms its commitment to the Chabahar port and cooperation with India, despite US sanctions uncertainty. While a recent budget showed no allocation, India has fulfilled its $120 million commitment and maintains a $250 million credit line for future development. Iran's ambassador highlighted the port's strategic importance for regional access and expressed confidence in India's management of the situation.