U.S. Sanctions Waiver on Chabahar Port Expires, Impacting Connectivity Project
The U.S. sanctions waiver regarding the Chabahar port concludes on April 26th. This expiration may signal the end of a long-running connectivity project, prompting discussions about transferring stakes to local Iranian companies.
Officials say they are discussing a possible transfer of IPGL-subsidiary’s stake to local Iranian company temporarily to avoid sanctions