“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,” Patel said. The Long-Term Bilateral Contract on Chabahar Port Operation was signed between Indian Ports Global Limited (IPGL) of India and the Port & Maritime Organisation (PMO) of Iran on Monday, enabling the operation of Shahid-Behesti port in the Chabahar Port Development Project for a period of 10 years.
India risks sanctions over Iran Chabahar port project, US State Department warns
