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India Pursues Chabahar Port Talks Amid U.S. Sanctions

1/17/2026

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Story summary
  • India remains in talks with the United States over its Chabahar port project in Iran amid potential sanctions.
  • The Indian Foreign Ministry says dialogue continues despite reports India may withdraw due to U.S. restrictions.
  • India transferred $120 million to Iran before sanctions were reimposed to meet financial commitments.
  • Exports to China rose 67.35% in December while exports to the United States fell due to a 50% tariff.