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Indian firms risk US sanctions over Iran port project: State Dept

India summons US diplomat after remarks on jailed politician
Source: Pixabay

The United States said Monday that Indian companies risked US sanctions over investment in Iran after New Delhi signed a 10-year contract to develop the long-stalled strategic Chabahar port.

“Any entity — anyone — concerned with business deals with Iran, they need to be aware of the potential risks that they’re opening themselves up to and the potential risk of sanctions,” State Department spokesman Vedant Patel told reporters.


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Agence France-Presse (AFP) is a French international news agency headquartered in Paris, France. Founded in 1835 as Havas, it is the world's oldest news agency.

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