Business Standard has reported that India plans to sell its stake in Iran’s Chabahar port to an Iranian company.
According to the report, this decision was made following the end of the US sanctions waiver and has forced New Delhi to reconsider its role in the project.
It has also been said that India is considering an interim option under which an Iranian operator would take over the management of the port during the sanctions period, after which operational management could be returned to India.
