Shouldn't take narrow view': Jaishankar on US warnings of 'sanctions' on Chabahar Port deal

After the United States warned of "potential risk of sanctions" as India struck a 10-year deal with Iran on operating a part of Iran's Chabahar Port, External Affairs Minister S Jaishankar on Tuesday 14 May responded by saying that the project will benefit the entire region and a "narrow view" of the matter should not be taken. He further asserted that the US has previously appreciated the larger relevance of Chabahar in the past.

India and Iran on Monday signed a 10-year deal that would give India management control over a section of the crucial Chabahar Port, which opens up trade routes between India and land-locked Afghanistan, Iran and other Eurasian countries. India will take control of operations at the Shahid-Beheshti Port Terminal. Indian Ports Global Limited (IPGL) has committed to further equipping and operating the port for the duration of the contract.

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Speaking at an interaction after the launch of the Bengali version of his book 'Why Bharat Matters' in Kolkata, Jaishankar said, "I did see some of the remarks which were made, but I think it’s a question of communicating, convincing and getting people to understand, that this is actually for everyone’s benefit. I don’t think people should take a narrow view of it."

“They (US) have not done so in the past. So, if you look at the US’ own attitude towards the port in Chabahar, the US has been appreciative of the fact that Chabahar has a larger relevance…we will work at it,” he added. Jaishankar further said that India had a long association with the project, but was not able to sign a long-term pact, which was important. 

"Finally, we were able to sort this out and we were able to get the long-term agreement done. The long-term agreement is necessary, because without it you cannot really improve the port operation. And the port operation we believe, will benefit the entire region," he said.

Earlier on Tuesday, the United States warned that "anyone" considering business deals with Tehran needs to be aware of the "potential risk" of sanctions…“I would just say...US sanctions on Iran remain in place and we will continue to enforce them. Any 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,” he added.

The Chabahar Port is an India-Iran flagship project that serves as an important transit port for trade with Afghanistan and Central Asian countries, which are landlocked countries…The port also opens up a new vista of economic opportunities for business communities to explore an alternative transit route from the sensitive and busy Persian Gulf and Strait of Hormuz. However, US sanctions on Iran have slowed the development of the port. Chabahar is a key component of India's growing connectivity initiatives.