22
Sep
Toronto/New Delhi (Bureau)– The Trump administration has announced the revocation of the U.S. sanctions waiver for Iran's Chabahar Port, effective September 29, 2025. The waiver, initially granted in 2018, permitted India to invest $500 million in the Shahid Beheshti terminal, thereby securing strategic access to Afghanistan and Central Asia while circumventing Pakistan.The U.S. move exposes Indian operators to potential sanctions under the Iran Freedom and Counter Proliferation Act (IFCA). Analysts caution that this development may bolster China's influence in the region through Pakistan's Gwadar Port, part of the China Pakistan Economic Corridor (CPEC).India now confronts a critical decision: comply with…