Chabahar Port in Iran will be operational by 2019 government said in a statement on Friday.
The Indian backed Chabahar port is being developed as part of a new transportation corridor for land-locked Afghanistan that could potentially open the way for millions of dollars in trade and cut its dependence on Pakistan, its sometimes-hostile neighbour.
The port would offer easy accessibility to Commonwealth of Independent States (CIS) countries, Transport and Shipping Minister Nitin Gadkari said in the statement.
US have put himself out from the historical Iran deal in 2015. President Donald Trump’s decision to withdraw from a 2015 nuclear deal and penalize financial institutions for doing business with Tehran is clouding Chabahar’s viability. This can create tension of relationship with India which holds a major trade with Iranian government.
