WASHINGTON, May 14 : Hours after India signed a 10-year contract to operate Iran\u2019s Chabahar port, the US warned that its sanctions on Tehran remain in place and \u201canyone\u201d considering business deals with the Islamic Republic needs to be \u201caware of the potential risk\u201d.<\/p>\n
At the same time, the State Department Principal Deputy Spokesperson, Vedant Patel, said that it will let the Indian government speak on its foreign policy goals.<\/p>\n
\u201cI will let the government of India speak to its own foreign policy goals vis-\u00e0-vis the Chabahar port as well as its own bilateral relationship with Iran,\u201d Patel said in the department\u2019s daily press briefing on Monday.<\/p>\n
\u201cWe are aware of these reports that Iran and India have signed a deal concerning the Chabahar Port,\u201d Patel said in response to a question.<\/p>\n
But, he added, \u201cAny entity, anyone considering business deals with Iran, they need to be aware of the potential risk they are opening themselves up to, potential risk of sanctions.\u201d<\/p>\n
The agreement for the Long-Term Bilateral Contract regarding the operation of Chabahar Port, Iran\u2019s sole ocean port, was officially executed on Monday between Indian Ports Global Limited (IPGL) from India and the Port & Maritime Organisation (PMO) of Iran.<\/p>\n
Patel confirmed that the sanctions imposed by the Washington on Tehran are still in effect and will be upheld, and refused to exempt New Delhi for this deal.<\/p>\n
\u201cUS sanctions on Iran remain in place and we will continue to enforce them,\u201d he said.<\/p>\n
Asked if India was given exemption from the sanctions for this deal, Patel said, \u201cNo.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
WASHINGTON, May 14 : Hours after India signed a 10-year contract to operate Iran\u2019s Chabahar port, the US warned that its sanctions on Tehran remain in place and \u201canyone\u201d considering business deals with the Islamic Republic needs to be \u201caware of the potential risk\u201d. At the same time, the State Department Principal Deputy Spokesperson, Vedant […]<\/p>\n","protected":false},"author":2,"featured_media":406858,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":{"0":"post-406845","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-world"},"yoast_head":"\n