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India and Iran are set to hold talks to establish "long-term cooperation framework" on Chabahar port. Chabahar Port Chabahar is Iran’s first deepwater port and sits at the mouth of the Gulf of Oman. It is Iran's only oceanic port situated in Sistan and Baluchistan Province, on the Makran coast. It consists of 2 main ports - Shahid Kalantari and Shahid Beheshti. Chabahar port project- It was signed in 2003 between India and Iran. Trilateral Transit and Trade Agreement- It was signed in 2016 between India, Afghanistan and Iran. India was granted a 10-year lease and access to the Chabahar free trade zone. India got the…
03 February, 2024
Iran
CAATSA and Joint Comprehensive Plan Of Action (JCPOA) The United States recently sanctioned Tibalaji Petrochem Pvt Ltd., a Mumbai-based petrochemical company, for selling Iranian petroleum products. It is the first Indian entity to be designated by the US under unilateral sanctions imposed in 2018-19, following the US withdrawal from the Joint Comprehensive Plan of Action (JCPOA). What exactly was the Joint Comprehensive Plan of Action? The agreement is also known as the 2015 Iran Nuclear Deal. The JCPOA was the result of lengthy negotiations between Iran and the P5+1 (China, France, Russia, the United Kingdom, the United States, and Germany)…
07 October, 2022
Iran
Chabahar Port In order to assess the state of development, the Union Minister of Ports, Shipping, and Waterways travelled to Iran's Shahid Beheshti port in Chabahar. Image Source - Silk road briefing About the Chabahar Port In the Gulf of Oman, in southern Iran, is the port of Chabahar. This is the only port in Iran with direct access to the sea. India, Iran, and Afghanistan view it as a gateway to lucrative economic potential with Central Asian nations. Shahid Kalantari and Shahid Beheshti are two distinct ports that are part of the Chabahar port. The Shaheed Beheshti Port's operations…
29 August, 2022
Iran
Iran Nuclear Deal and JCPOA Iran has informed the International Atomic Energy Agency (IAEA) that it intends to produce uranium enriched to up to 20% purity, well beyond the threshold set by the 2015 Vienna accord, the UN nuclear watchdog said. Iran informed the agency of its intention to enrich uranium at a rate of up to 20% in its Fordow underground plant, to comply with a law recently passed by the Iranian Parliament. According to the latest report available from the UN agency, published in November, Tehran was enriching uranium to levels greater than the limit provided for in…
06 November, 2021
Iran
Iran Nuclear Deal and JCPOA Iran has informed the International Atomic Energy Agency (IAEA) that it intends to produce uranium enriched to up to 20% purity, well beyond the threshold set by the 2015 Vienna accord, the UN nuclear watchdog said. Iran informed the agency of its intention to enrich uranium at a rate of up to 20% in its Fordow underground plant, to comply with a law recently passed by the Iranian Parliament. According to the latest report available from the UN agency, published in November, Tehran was enriching uranium to levels greater than the limit provided for in…
28 June, 2021
Iran
Iran to develop the Farzad B gas field domestically Iran on Monday gave the Farzad B gas field to Petropars, a domestic gas producer. This is a setback for India’s energy ties with Iran as ONGC Videsh Ltd (OVL) discovered the gas field in 2000 and has been part of the ongoing cooperation on that front. The Ministry of External Affairs has not yet commented on the development but OVL had discovered the Farzad B gas field in the Farsi region, which is located between the Iranian and Saudi territories. Monday’s deal in Iran comes despite India’s long-standing cooperation regarding…
18 May, 2021
Iran
Iran Nuclear Deal- Joint Comprehensive Plan of Action Iran Nuclear Deal- Joint Comprehensive Plan of Action Commonly called the Iran nuclear deal is an agreement on the Iranian nuclear program reached in Vienna in 2015. It was signed between Iran and the P5+1 (China, France, Russia, United Kingdom, United States—plus Germany) together with the European Union. Under JCPOA, Iran agreed to eliminate its stockpile of medium-enriched uranium, cut its stockpile of low-enriched uranium by 98%, and reduce by about two-thirds the number of its gas centrifuges for 13 years. For the next 15 years Iran will only enrich uranium up to…
02 March, 2021
Iran
India – Iran relations: Chabahar In its latest push to develop Iran’s Chabahar port project, India handed over two 140-tonne cranes for loading and unloading equipment to the Iranian government. The cranes, part of a full consignment of six Mobile Harbour Cranes (MHC) worth about $25 million were sourced from Italy and formally released at a ceremony at Chabahar’s Shahid Beheshti port after official talks between India and Iran. India’s plans to invest further in the port project are seen as an indicator that the government expects some easing up in U.S. sanctions in the upcoming months, once the new…
01 February, 2021
Iran
USA - Iran issues U.S. President Joe Biden faces a number of challenges at home and abroad. In the foreign policy arena, relations with China and Russia pose the most intractable problems, as does the estrangement of key European allies who former U.S. President Donald Trump alienated by his isolationist rhetoric and gratuitous insults. However, the most pressing issue facing the Biden administration is America’s relations with Iran given the concern that the present scenario may upend Washington’s non-proliferation strategy and increase tensions in the energy-rich Gulf region. Several of Mr. Biden’s top appointees in the foreign policy and security…
25 January, 2021
Iran
India – Iran recent ties and China GS-Paper-2 International relation (Mains-I.V) Recently, the Ministry of External Affairs (MEA) confirmed that India is no longer involved in the Farzad-B gas field project of Iran. Further, it said that India has not received any response from Iran since December 2019 on the future of the Chabahar-Zahedan railway project as well. It cited policy changes by the Iranian government, Iran’s uncertain finances, and the USA sanctions situation as the reasons behind the decisions on Indian infrastructure projects in Iran. Farzad-B Gas Field: It is located in Persian Gulf (Iran). The contract for exploration of the field was signed in 2002 by Indian consortium comprising ONGC Videsh,…
18 July, 2020
Iran
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