Rules tweaked even as India set to get strategic Chabahar port in Iran
The looming US sanctions on Iran have put the deal for Chabahar port between India and Iran on the fast track. The two countries are working on amending the clause that mandates activation of the deal after receiving funding from India.
Under a May 2016 pact, India was to pay $150 million to Iran after receiving an application seeking payment from the latter. Image Source: Reuters