India gets United States waiver for development of strategic Chabahar Port in Iran

India gets United States waiver for development of strategic Chabahar Port in Iran

At the same time, Washington temporarily exempted eight nations from the sanctions on importing oil from Iran.

While Iran's exports have plunged by nearly 40 percent since April, the International Energy Agency says OPEC must still increase output to meet "robust" global demand growth.

Russia, Turkey, India, Iraq, Qatar, China and others have been actively making steps to switch to national currencies in settlements in order to bypass Washington's pressure. Ministers from the Organization of Petroleum Exporting Countries will gather in Abu Dhabi this weekend to discuss options for 2019 including the possibility of cutting production again next year. "We continue negotiations to get all of the nations to zero", said the Secretary of State. The report was largely in line with analyst expectations that this week would see another substantial build in crude oil inventories of 2.050 million barrels.

The U.S. State Department says it is exempting Iran's big port project in Chabahar from sanctions in recognition of its importance to landlocked Afghanistan.

A convinced United States administration told India Today, "The President's South Asia strategy underscores our ongoing support of Afghanistan's economic growth and development as well as our close partnership with India".

The top USA diplomat has granted an exception to certain U.S. sanctions that will allow the India-led development of a port in Iran as part of a new transportation corridor created to boost Afghanistan's economy, a State Department spokesman said on Tuesday.

Indonesian plane grounded after passengers complain about stinky durian
It was at that point that Zidane turned to his fellow passengers and asked who wanted to fly with such a smell.They all shouted back: " Not us! ".

Government To Continue Pressing RBI For Relaxing Norms, Funds
Apart from Patel and his four deputies, there are 13 nominated directors on the RBI's board. These issues may figure during the RBI's board meeting on November 19.

FA warns McClean over social media post amid poppy abuse
Stoke's James McClean has been warned by the Football Association for his use of an offensive word on social media but no further disciplinary action will be taken, the governing body has announced.

Chabahar and INSTC are important strategic projects for India and Afghanistan.

The sanctions exception granted to the Chabahar project aims to further U.S. ties with Afghanistan and India "as we execute a policy of maximum pressure to change the Iranian regime's destabilizing policies in the region and beyond", the State Department spokesman said.

Adding that while the "exception" has been granted after much deliberation, the strategic importance of these projects can not be ignored. "These activities are vital for the ongoing support of Afghanistan's growth and humanitarian relief".

"This exception relates to reconstruction assistance and economic development for Afghanistan", he said. However, he did not give more details. The port of Chabahar on the Gulf of Oman - as Iran's sole Indian Ocean port - has emerged as a key feeder port to the INSTC.

"Since its inauguration previous year, we have shipped about 110 thousand metric tons of much-needed wheat and 2,000 metric tons of pulses from India to Afghanistan through this port", Indian foreign secretary Vijay Gokhale had said at a conference in New Delhi Delhi last week.

Related News:



Most liked

Anti-Gay Kentucky Clerk Kim Davis Has Lost Her Reelection Bid
Davis was a Democrat before switching her party affiliation shortly after she refused to issue same-sex marriage licenses. Caudill addressed Davis' actions on his own campaign website and vowed to "serve every citizen of this county equally".

Nevada Voters Elected a Dead Brothel Owner to State Assembly
The brothel where his body was found is where National Basketball Association player Lamar Odom was found unconscious in 2015. He said Mr Hof " died quietly in his sleep " at Love Ranch - one of the brothels he operated in Crystal, Nevada.

Pompeo says to meet with senior DPRK official
US Secretary of State Mike Pompeo has said he will meet Vice Chairman Kim Yong Chol of North Korea's ruling Workers' Party. That said, the U.S.is "very focused" on the goal of eliminating the nuclear threat posed by Pyongyang, Mr.

Assassin's Creed Odyssey Has Lots of Plans for November
Competing the challenges earn rewards and Orichalcum to spend with Sargon at the Oikos of the Olympians legendary store. Later this month Steropes the Cyclops will join the game's roster of mythical creatures.

MI becomes first state in Midwest to legalize recreational marijuana
Before Tuesday's vote, 22 American states had adopted comprehensive medical marijuana programs. Approval of Proposal 1 comes ten years after MI voters approved medical marijuana .

Georgia High School Marching Band Spells Out Racial Slur During Halftime Show
Band members typically don't wear the covers on the field, however, because they muffle the sound from their instrument. He's also said that the students would be disciplined for their "hurtful, disrespectful and disappointing" actions.

Republican Ron DeSantis wins Florida governor election, CNN projects
Gillum has received support from former president Barack Obama while DeSantis has gotten support from President Donald Trump . But to win the general, DeSantis needed to do more than have the support of a polarizing president to win over moderates.

'Not how I raised him,' mother of United States mail-bomb suspect writes
But Sayoc's attorney, federal defender Sarah Baumgartel, told the hearing he would not make an application for bail at this point. Prosecutors say the most recent crude bomb was recovered Friday in California, addressed to the liberal activist Tom Steyer .

United Kingdom business bosses add voices to call for new Brexit vote
Theresa May has insisted that a so-called people's vote is off the agenda, and argued this week that a deal is within striking distance. 'Each option is bad.

Michigan Voters Legalize Marijuana
In both Utah and Missouri, voters legalized marijuana for medical purposes ― the 31st and 32nd states to approve medical cannabis. The measure would ban the smoking of marijuana but does allow vaping, marijuana-infused edibles and other means of consumption.

The Spice Girls, Minus Victoria, Announce 2019 Tour: See The Dates!
On Radio 2, Horner was teased by her bandmates over her romance with Evans in the late 1990s. "And I was like, 'I LOVE YOU TOO'". During their 1990s heyday, the Spice Girls released three studio albums, 13 singles and a feature film.

Sergio AGUERO scores 150th Premier League goal for Manchester City
The Blues - who are now unbeaten - climbed above Liverpool into second place after their 3-1 win over Crystal Palace on Sunday. Manchester City emerged as the kings of the Premier League and they have so far lived up to that tag in the new season.

'Oumuamua: Comet or Alien Probe?
Lightsails are a proposed method of spacecraft propulsion which uses radiation pressure exerted from sunlight or large mirrors. Of course, the pair aren't claiming that Oumuamua's definitely of alien origin.

Path of Exile Coming To PS4 - Releases In December
These leagues allow you to add mods that make Path of Exile more challenging for you and your friends. The 3.5.0 expansion does not have an official name, nor do we have any details on what is included.

Nokia 9 Renders Previewed Featuring Five Camera Setup
Like the OnePlus 6T , there will be an in-display fingerprint sensor and glass back panel - which could hint to wireless charging. Other expected specifications include up to 8GB of RAM, 128GB storage, a 4,150mAh battery and water- and dust-resistance.