New Delhi/IBNS, Oct. 30 -- India on Thursday confirmed the US sanctions will not apply to the Chabahar Port for six months amid the ongoing tariff war between the two nations, media reports said.
Eyeing an expansion of trade, India entered into a 10-year deal with Iran on Chabahar Port, which is located in the southeastern coast of Iran along the Gulf of Oman.
Earlier, a pact between India and Iran was signed in 2016 during Prime Minister Narendra Modi's visit to Tehran.
Earlier this week, Trump heaped praises on Prime Minister Narendra Modi providing an update on the presumably incoming bilateral trade deal. amid the ongoing tariff war.
Trump said the US and India are going to ink a trade deal and praised Modi calling him the "nicest...
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